| Descripción del anverso |
Abstract guilloche underprint forms the background, with a vignette of Rachel's Tomb positioned to the left. The denomination appears in numerals in both Western and Arabic-Indic script, with trilingual legends in English, Arabic, and Hebrew across the face. A date line reading 'Jerusalem, 30th September, 1929' appears at the lower portion of the note. |
| Leyenda del anverso |
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| Descripción del reverso |
An elaborate guilloche pattern fills the background, with a central vignette of the Tower of David. The denomination is rendered in all three official languages of Mandatory Palestine — English, Hebrew, and Arabic — with corresponding numeral forms in both Western and Arabic-Indic script. |
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| Firma(s) |
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| Tipo de protección |
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| Descripción de la protección |
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| Variantes |
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The Palestine Currency Board was established under British Mandate authority in 1927, deliberately structured as a currency board rather than a central bank — meaning every pound and mil in circulation was backed one-for-one by sterling held in London. The arrangement left Palestinian monetary policy entirely in British hands, with no local discretionary authority whatsoever.
De La Rue printed the series across nearly two decades without redesign, an unusual run that bridged the Mandate's relative stability and its violent final years. Notes dated into the mid-1940s circulated through the Arab-Jewish communal conflict that preceded the 1948 war, and the Currency Board itself was wound up shortly after the Mandate's termination.
The 500 Mils denomination — half a Palestinian pound — is among the scarcer survivors from early date runs.