About Israeli Old Sheqalim Exchange
The Israeli Old Sheqalim (ILS predecessor) is a withdrawn currency that circulated in Israel between 1980 and 1985, before being replaced by the Israeli New Sheqalim at a rate of 1,000 old to one new. We accept all denominations of Israeli Old Sheqalim banknotes and coins, including older series and damaged notes.
Current Israeli Old Sheqalim Banknotes
The Israeli Old Sheqel has been fully withdrawn from circulation since 1985, so there are no current-series banknotes in use today. All notes from this period are considered withdrawn, and we are happy to exchange a range of denominations — this currency is rarely accepted elsewhere, so we aim to make the process as straightforward as possible.
Old Series & Damaged Notes
Unlike most high street exchanges, we specialise in exactly this kind of withdrawn currency. All Israeli Old Sheqalim banknotes are by definition old series, and we accept them in a range of denominations across the full series. Damaged notes are also considered, provided they remain at least 50% intact. The exchange rate applied is slightly lower than for current currencies, which reflects the additional handling involved — similar to other withdrawn Middle Eastern and regional currencies such as Israeli Pounds.
Israeli Old Sheqalim Coins
We also accept Israeli Old Sheqalim coins, which were issued in several denominations during the currency’s brief circulation in the early 1980s. As with all coin exchanges, the rate is slightly lower than for banknotes due to the additional handling costs involved. If you have a mixed collection of notes and coins, we are happy to assess them together.
Why Exchange With Us?
- Competitive exchange rates updated daily
- Accept coins and damaged notes that banks won’t take
- We verify your currency and pay you within 5 working days
- No hidden fees or charges