Israeli agora

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10 Agorot
File:10 Agorot (1960).jpg
First side of the image: Obverse: Date palm tree. Lettering ישראל in Hebrew and اسرائيل in Arabic languages.
Second side of the image: Reverse: Denomination and lettering אגורות תשכ״ב in Hebrew.

The Agora (/æɡəˈrɑː/; plural Agorot /-ˈrɒt/;[1] Hebrew: אגורה, pl. אגורות‎, agorot) is a denomination of the currency of Israel. The Israeli currency – the Israeli new shekel (ILS)– is divided into 100 agorot.

History

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The name agora refers to the subunits of three distinct Israeli currencies.

This name was used for the first time in 1960, when the Israeli government decided to change the subdivision of the Israeli pound (Hebrew: לירה, lira) from 1,000 prutah to 100 agorot due to the currency's depreciation.[2] The name was suggested by the Academy of the Hebrew Language, and was borrowed from the Hebrew Bible:

וְהָיָה כָּל-הַנּוֹתָר בְּבֵיתְךָ יָבוֹא לְהִשְׁתַּחֲו‍ֹת לוֹ לַאֲגוֹרַת כֶּסֶף וְכִכַּר-לָחֶם
...every one that is left in thine house shall come and crouch to him for a piece of silver and a loaf of bread...

I Samuel 2:36

The term "piece of silver" appears in Hebrew as "agorat kessef".

In 1980 the Israeli pound was replaced by the shekel at a rate of IL10 per IS 1. The new subdivision of the shekel was named agora ẖadaša ("new agora"). There were 100 new agorot in 1 shekel. The high rate of inflation in Israel in the early 1980s forced the Israeli government to change the Israeli currency once again in 1985. The new shekel was introduced at a rate of 1000 S per 1 NS. The name agora was used once again for its subdivision. This time the term "new" was avoided, in order to prevent confusion with the older subdivision (the pre-1980 agora was long since out of circulation). Currently, the term agora refers to the 100th part of the new shekel. There are coins of 10 and 50 agorot, though the 50 agorot coin bears the inscription: "12 New Shekel".

The 1 agora coin was withdrawn from circulation on April 1, 1991 by the Bank of Israel,[3] as was the 5 agorot coin on January 1, 2008; in each case the value had shrunk to much less than the cost of production. Cash rounding has since been applied for purchases, such that the total price is now rounded to the nearest multiple of 10 agorot for payment in cash, but to 1 agora for payment by other means like payment cards or cheques.

Issues

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Israeli pound

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Image Value Technical parameters Description Date of
Diameter (mm) Mass (g) Composition Obverse Reverse Issue Withdrawal
File:1-Agora-hatashlad-RJP.jpg 1 agora 20 1.03 aluminium 97%, magnesium 3% Three ears of barley, "Israel" in Hebrew and Arabic Value, date 01.01.1960 22.02.1980
File:Israel 5 agorot 1960 Obverse & Reverse.gif 5 agorot 17.5 2.30 (copper) 0.8 (alum.) 1960—1975: copper 92%, aluminium 6%, nickel 2%

1976—1979: aluminium 97%, magnesium 3%

Three pomegranates, "Israel" in Hebrew and Arabic
File:Israel 10 agorot 1960 Obverse & Reverse.gif 10 agorot 21.5 4.15 (copper) 1.55 (alum.) 1960—1977: copper 92%, aluminium 6%, nickel 2%

1978—1979: aluminium 97%, magnesium 3%

Palm tree, "Israel" in Hebrew and Arabic
File:25-Agorot-hatashlag-RJP.jpg 25 agorot 25.5 6.5 copper 92%, aluminium 6%, nickel 2% Kinnor (lyre-like musical instrument), "Israel" in Hebrew and Arabic
File:Israel half pound 1963 Obverse & Reverse.gif IL12 24.5 6.8 copper 75%, nickel 25% The state emblem, "Israel" in Hebrew, Arabic and English 12.09.1963 31.03.1984

Old Israeli shekel

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Old shekel coins
Image Value Technical parameters Description Date of
Diameter (mm) Mass (g) Composition Obverse Reverse Issue Withdrawal
File:1-New-Agora-aluminium-hatasham-RJP.jpg 1 new agora 15 0.6 aluminium 97%, magnesium 3% Palm tree, "Israel" in Hebrew and Arabic Value, date 24.02.1980
04.09.1986
File:Israel 5 New Agorot 1980 Obverse & Reverse.gif 5 new agorot 18.5 0.9 The state emblem, "Israel" in Hebrew, Arabic and English
File:Israel 10 New Agorot 1980 Obverse & Reverse.gif 10 new agorot 16 2.1 copper 92%, nickel 8% Three pomegranates, the state emblem, "Israel" in Hebrew, Arabic and English
File:0.5-Shekel-hatasham-RJP.jpg IS12 20 3 copper 75%, nickel 25% Lion, the state emblem, "Israel" in Hebrew, Arabic and English Value, date, two stars

Israeli new shekel

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New shekel coin series
Image Value Technical parameters Description Date of
Diameter Thickness Mass Composition Edge Obverse Reverse Issue Withdrawal
File:Israel 1 Agora 1985 Obverse & Reverse.jpg 1 agora 17 mm 1.2 mm 2 g Aluminium bronze
92% copper
6% aluminium
2% nickel
Plain Ancient galley, the state emblem, "Israel" in Hebrew, Arabic and English Value, date 4 September 1985 1 April 1991
File:Israel 5 Agorot 1985 Edge, Obverse & Reverse.jpg 5 agorot 19.5 mm 1.3 mm 3 g Replica of a coin from the fourth year of the war of the Jews against Rome depicting a lulav between two etrogim, the state emblem, "Israel" in Hebrew, Arabic and English 1 January 2008
File:Israel 10 Agorot 1985 Edge, Obverse & Reverse.jpg 10 agorot/

110

22 mm 1.5 mm 4 g Replica of a coin issued by Antigonus II Mattathias with the seven-branched candelabrum, the state emblem, "Israel" in Hebrew, Arabic and English Current
File:Israel Half New Sheqel 1985 Edge, Obverse & Reverse.jpg 50 agorot/ ₪12 26 mm 1.6 mm 6.5 g Lyre, the state emblem Value, date, "Israel" in Hebrew, Arabic and English

See also

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References

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  1. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Banknotes and Coins of Israel: 1927–2006, Yigal Arkin, Bank of Israel, Currency Dept., 2006, p.91
  3. ^ The Numismatist, American Numismatic Association, 1993, p.886
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