Israel 20 New Shekel Banknote Collectible Rare Foreign Currency Paper Money NIS

Description

1 Banknote - 20 New Israeli Shekel (NIS)
(Second Series of the New Shekel)
Description
The shekel, now known as the old shekel, was the currency of the State of Israel between 1980-1985. The Israeli pound and its successor, the old shekel, all experienced frequent devaluations against foreign currencies during the 1960s and 70s. This trend culminated in the old shekel experiencing hyperinflation in the early 1980s.
After inflation was contained as a result of the 1985 Economic Stabilization Plan, the new shekel was introduced, replacing the old shekel on 1 January 1986 at a rate of 1000 old shekel = 1 new shekel.
The
20 new shekel note
was
introduced as a part of B (second) series of New Israeli Shekel notes and it used the same denomination and Moshe Sharett's portrait as the earlier 20 Old Shekel note, but with the altered design.
Features
✔
Date of issue
: 3 January 1999
✔
Sign
: ש"ח
✔
Code
: ILS
✔
Size
: 71x 138 mm
✔
Co
lor
: green
✔
Obverse
: portrait of Moshe Sharett; the denomination "Twenty New Sheqalim" and "Bank of Israel" in Hebrew.
✔
Reverse
: jewish volunteers in World War II; a watchtower, commemorating tower and stockade settlements; the denomination "Twenty New Sheqalim" and "Bank of Israel" in Arabic and English.​
Please note:
- Actual banknote's color may vary slightly from picture due to computer screen settings.
- Please accept slight differences from the image since we have more than one of this item in stock. The banknote you will get will be
in the same or better condition
, but its serial number may be different.
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