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1/2 New Sheqel

Issuer Bank of Israel
Year 1985-2017
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Thickness 1.93 mm
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Obverse script Hebrew
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Reverse lettering إسرائيل ISRAEL ישראל 1/2 שקל חדש NEW SHEQEL
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Additional information

The New Sheqel coinage system was introduced in 1985 as Israel's response to a hyperinflationary crisis that had rendered the original Sheqel nearly worthless — inflation peaked at over 400% annually in 1984. The redenomination fixed the new currency at 1,000 old Sheqalim to one New Sheqel, and the half-denomination entered circulation alongside it from the first year of issue.

The copper-aluminium-nickel alloy used here was an uncommon choice globally at the time, selected partly for its resistance to the corrosive effects of the Middle Eastern climate on circulating coinage.

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