Palestine-Mandate » New Israeli http://palestine-mandate.com A news site on the nascent State of Palestine -- on the Israeli-Palestinian negotiatons -- and the situation on the ground Sat, 28 Jan 2012 22:03:15 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 The British Mandate – currency http://palestine-mandate.com/2010/03/palestine/the-british-mandate-currency http://palestine-mandate.com/2010/03/palestine/the-british-mandate-currency#comments Sat, 27 Mar 2010 11:35:32 +0000 Marian Houk http://palestine-mandate.com/?p=488 Here is a Palestinian Pound bank note, printed under the British Mandate:

Palestine Pound note - image from Wikipedia

The image on the note is the Dome of the Rock — a Muslim place of worship on the Haram as-Sharif esplanade (known to Israelis as the Temple Mount) in the Old City of East Jerusalem.

Some of the Hebrew writing, I am informed, says Eretz Israel.

Since the creation of the State of Israel in 1948, Israelis have made their own currency — now called the New Israeli Shekel (NIS).

The Palestinians do not — yet — have their own currency … Most of the incoming funds for the present Palestinian Authority (PA) are in dollars, or Euros. Their expenses are in New Israeli Shekels (and sometimes the fluctuation of the exchange rate is punishing…)

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