Description
The Israeli new sheqalim is the official currency of Israel since 1986 when it replaced the old shekel; the legal tender is also used in the Palestinian territories of the West Bank and the Gaza Strip. The official currency symbol; ₪. The name is derived from the Hebrew root (š-q-l), meaning “weigh”. After the economic crisis in the 1980s, the Bank of Israel, commanded by the Government of Israel, decided to remain under more efficient and cautious fiscal and monetary policies, which allowed the introduction of market economic reforms, achieving a more competitive Israeli economy. In 1985, a new series of banknotes were introduced in denominations of ₪5, ₪10, and ₪50, followed by ₪1 and ₪100 in 1986, ₪20 note in 1988, and ₪200 note in 1992. Coins later replaced the ₪1, ₪5, and ₪10 notes. The second series, introduced in 1999, replaced the 2005 series and introduced the ₪500.
In 2012, The Bank of Israel announced a new series of banknotes which was introduced between 2012 and 2017; 20₪, ₪50, ₪100, and ₪200.
The 100 Israeli new sheqalim note front design features the portrait of Yitzhak Ben-Zvi (1884-1963), who was a historian, Zionist Labor leader and president of Israel from 1952 to 1963, on a background inside the presidential office, next to the portrait is the text of the speech given by Ben-Zvi in the first Yemeni community assembly in 1953. The lettering on this side of the note is in the Hebrew language. The reverse of the note features an image of the synagogue in the Galilee village of Peki’in, against a background with a view of the city and the text of Ben-Zvi’s inauguration speech at his second term. The lettering on this side of the note is in the Arabic and English languages. This note is part of the 1998 – 2014 series, and its color is dark brown on a multicolor underprint.
Text: Bank of Israel, One Hundred Shekels, Charmain of the Advisory Board, Governor of the Bank, Even today, a number of…experienced – new ones dedicated to the tribes of Israel, immigrants from all over the Diaspora and first and foremost, and the process of bringing the hearts of the tribes of Israel closer together, by dressing their representatives and by talking among themselves, and our daughter to raise — And from the nation, it was recommended to respond to On Ruth’s special to each of the tribes, values made in the publications and more and in their stone. Not in the preference of Moore and John, for the rise of Yemen is perhaps the most miraculous of incest, 2007.