Jamaican Dollar in Israeli Shekel

JMD Jamaican Dollar

Country of application:
Jamaica

Coin denominations in circulation:
1, 5, 10, 20 dollars.

Denominations of banknotes in circulation:
50, 100, 500, 1000 dollars.

History reference:
The Jamaican dollar is the national currency of Jamaica. Until 1840, the British pound, Spanish reals and local coins circulated in Jamaica. Then the Jamaican pound was introduced, which in 1914 was ...equated to the pound sterling, and from 1955 to the West Indian dollars. The earliest money in Jamaica were Spanish copper coins called maravedi. This is due to the fact that for almost four hundred years, Spanish dollars, known as pieces of eight, were widely used on world trade routes, including the Caribbean region. However, after the revolutionary wars in Latin America, the source of these silver trade coins dried up. The last Spanish dollar was minted at the Potosi Mint in 1825. The United Kingdom adopted a very successful gold standard in 1821, so 1825 was the right time. to introduce the coinage of British sterling in all British colonies.

ILS Israeli Shekel

Country of application:
Israel

Coin denominations in circulation:
10 ago, 0.5, 1, 2, 5, 10 Israeli shekel.

Denominations of banknotes in circulation:
20, 50, 100, 200 Israeli shekel.

History reference:
The national currency of Israel is the New Israeli Shekel (ILS). It is called new because in 1985 it replaced the old currency of the same name. How the shekels appeared and what they meant is eviden...ced by various historical sources. The Semitic word "shekel" has a root that has been preserved in modern Hebrew - "only", it means "to weigh". This fact indicates the ancient purpose of the shekel, known even before our era. In a number of Middle Eastern countries, it served as a measure of weight in transactions. In Canaan and Mesopotamia, the shekel was used as the standard for weighing gold and silver and was originally a unit of weight of about 11 grams. The shekel became the currency in Tire and Carthage. Then shekels became the main monetary unit in Ancient Israel and were fixed there as a national currency.