Palestine Pound

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 1948, when it was replaced with the Israeli lira.

In Israel, there was a transitional period of 4 years between the end of the British Mandate and the adoption of a fully independent currency system. Between 1948 and 1952 the Palestine pound continued to be a legal tender. In August 1948, new banknotes were issued by the Anglo Palestine Company, owned by the Jewish Agency and based in London.

Bank Leumi was founded in London as the Anglo Palestine Company on February 27, 1902, by members of the Zionist movement to promote the industry, construction, agriculture, and infrastructure of the land hoped to ultimately become Eretz Yisrael.

Jewish Agency, previously called the Palestine Zionist Executive, it was designated in 1929 as the "Jewish agency" provided for in the League of Nations' Palestine Mandate.

... and based in London...

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