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Title
5 Israeli Pounds Banknote - Einstein
Artist
Jean luc Comperat
Medium
Digital Art - Digital
Description
5 Israeli Pounds banknote Pop Art Warhol style
This 5 lirot note issued by Israel in 1968 features a portrait of Albert Einstein, famous as the father of modern physics and for his theory of general relativity. A view of the Atomic Reactor at Nahal Sorek is on the back.
The Israeli pound (Hebrew: Israeli lirot) was the currency of the State of Israel from June 1952 until 23 February 1980.
The British Mandate of Palestine, which administered the territory now known as Israel prior to 1948, issued the Palestine pound- a currency equal in value and pegged to the UK Pound. Israel inherited the Palestine pound but, shortly after the establishment of the state, new banknotes were issued by the London-based Anglo-Palestine bank of the Zionist movement. The pegging to the UK Pound was abolished on January 1, 1954.
During the 1960s, a debate over the non-Hebrew name of the Israeli currency resulted in a law ordering the Minister of Finance to change the name pound into a Hebrew name, Shekel (שקל). The law did not come into effect until February 1980, when the Israeli government decided to change the monetary system and introduce the shekel at a rate of 1 shekel = 10 lirot.
Custom work upon request.
Uploaded
December 21st, 2017
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Viewed 1,749 Times - Last Visitor from Ottawa, ON - Canada on 04/24/2024 at 3:22 PM
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