Palestine pound

Palestine pound
‏جنيه فلسطيني‏ (Arabic) ‏ פונט פלשתינאי (א"י) ‏ (Hebrew)
1939 One Palestine Pound
Denominations
Subunit
1/1000	Mill
Banknotes	500 mils, 1, 5, 10, 50, 100 pounds
Coins	1, 2, 5, 10, 20, 50, 100 mils
Demographics
User(s)	Mandatory Palestine (1927-1948)  Israel (May 1948–June 1952)
Issuance
Central bank	Palestine currency Board
Printer	Thomas De La Rue
This infobox shows the latest status before this currency was rendered obsolete.

The Palestine pound (Arabic: جُنَيْه فِلَسْطَينِيّ‎‎, junyah filastini; Hebrew: פֿוּנְט פַּלֶשְׂתִינָאִי א"י))‎, funt palestina'i (eretz-yisra'eli), also Hebrew: לירה א"י))‎ lira eretz-yisra'elit) was the currency of the British Mandate of Palestine from 1927 to May 14, 1948, and of the State of Israel between May 15, 1948, and August 1952, when it was replaced with the Israeli lira. It was divided into 1000 mils (Arabic: Arabic: مِل‎‎, Hebrew: Hebrew: מִיל‎‎). The Palestine pound was also the currency of Transjordan until 1949 and remained in usage in the West Bank Governorate of Jordan until 1950.

Until 1918, Ottoman Levant was an integral part of the Ottoman Empire and therefore used its currency, the Ottoman lira. Following the institution of the British Mandate for Palestine, the Egyptian pound also circulated alongside the Ottoman lira until 1927. This created an unsatisfactory situation which required a currency reform. The Palestine pound was introduced by the British, equal in value to the pound sterling.