New Sheqel Coin: A Comprehensive Guide

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Israeli Flag at Sunset
Credit: pexels.com, Israeli Flag at Sunset

The new sheqel coin has been making waves in Israel, and for good reason. It's a significant change from the old sheqel coin, which was replaced in 1985.

The new sheqel coin was introduced in 1986 to reduce inflation and stabilize the Israeli economy.

The coin was initially minted in denominations of 1, 5, 10, and 50 agorot, as well as 1, 2, 5, and 10 sheqels.

On a similar theme: New Sheqel

Features

The New Sheqel coin is a standard circulation coin issued by Israel, and it's been in circulation since 1986. The coin is made of nickel-plated steel, which gives it a durable and long-lasting quality.

One of the distinctive features of the New Sheqel coin is its value, which is 1 New Sheqel. This is equivalent to approximately $0.27 USD.

The coin is round in shape and has a diameter of 18 mm. It's also relatively thin, measuring 2.1 mm in thickness.

Here are some key features of the New Sheqel coin at a glance:

The New Sheqel coin also comes in a ½ New Sheqel variant, which has a different composition and weight. The ½ New Sheqel coin is made of copper-aluminium-nickel and weighs 6.5 grams.

About the Sheqel Coin

High-quality close-up of various gold coins showcasing intricate designs on a black background.
Credit: pexels.com, High-quality close-up of various gold coins showcasing intricate designs on a black background.

The New Sheqel coin is a fascinating piece of currency, and one of its most interesting aspects is its global minting presence.

This type of coin was minted at a number of mints around the world, including Israel, South Korea, Chile, Finland, France, Germany, Greece, Netherlands, and Australia.

The fact that it was minted in so many different countries is quite a rare phenomenon in numismatics.

It's worth noting that the New Sheqel coin is a relatively modern currency, and its global minting presence reflects the country's efforts to establish itself as a global player.

Here's an interesting read: What Is a Minted Coin

Frequently Asked Questions

What is the new shekel 1/2?

The new half shekel coin is equivalent to 50 Agorot and has been in use in Israel since 1985. It's made of 92% copper, 6% aluminum, and 2% nickel, with a weight of 6.5 grams and a diameter of 26 mm.

What is the new currency of Israel?

The official currency of Israel is the Israeli shekel, which has been the country's primary unit of currency since 1986.

Allison Emmerich

Senior Writer

Allison Emmerich is a seasoned writer with a keen interest in technology and its impact on daily life. Her work often explores the latest trends in digital payments and financial services, with a particular focus on mobile payment ATMs. Based in a bustling urban center, Allison combines her technical knowledge with a knack for clear, engaging prose to bring complex topics to a broader audience.

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