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Palestinian pound

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  • Palestinian pound




    Palestinian pound
    was the currency issued by the Monetary Council of the Palestine (Palestine Currency Board), which was affiliated to the Ministry of the British colonies. Palestinian pound was the official currency of legitimacy in the areas of the British Mandate over Palestine and Trans jordan between 1927-1948, and was divided into 1000 ml.






    To resolve the Palestinian pound pound shop that has been treated in the regions of Palestine and Transjordan since their occupation by the British Army of the Ottoman Empire in 1917, and even the British authorities' decision to issue a special currency in these two regions in 1927.
    Carried the pieces of cash, securities, writings of three official languages ​​of the assignment: Arabic, English, Hebrew, and in each of these languages ​​was the name of the currency is different, where it was printed, "Palestinian pounds" in Arabic "Palestine pound" ("پasattaan پaond") in English and "פונט פלשתינאי (א "י)" ("Font پalstinaa Erez Yisraeli") in Hebrew. despite what was printed in Arabic and Hebrew on the securities, the common name for the currency of the Arabs and the Jews "pounds." as well as the common division of the currency on an informal basis to 100 piastres (or "چrh" ).




    Palestinian pound was equal to exactly the British pound sterling, and even some have called the name "Schilling" on the coin as Mullah $ 50 value equal to the value of Alceling (British abolished the division of Sterling Celinga to 20 in 1971).



    At the end of the British Mandate period in May 15, 1948 dissolved the Council of the Palestine Monetary and stop the issuance of the Palestinian pound. Continued treatment of securities and monetary sectors in the Hashemite Kingdom of Jordan and the West Bank until 1949, when the Jordanian authorities began issuing the Jordanian dinar. In the Gaza Strip, the Egyptian pound to resolve the Palestinian pound shop in 1951. In the State of Israel, the Palestinian pound treatment lasted until 1952, but the institution issuers of securities company was England that Palestine was part of the World Zionist Organization. In the early fifties Israel has established a central bank issued a pound instead of the Israeli Palestinian pounds.



    Currency trader today in areas pushed the Jordanian dinar is issued by the Central Bank of Jordan and the new Israeli shekel of the Bank of Israel.








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