1. Stong israeli export economy 2. Large fields of natural gas were found in Israel and foreign investors increased the flows of funds (in that process they purchase shekels …to invest in Israeli oil companies and thus drive the value of shekel up) 3. Bank of Israel tried to intervene and purchase $$ in the market thus trying to boost up the dollar. Without this shekel value would increase even more... (MORE)
Both are currencies. The Shekel is used by Israel and the Lira was currency in Israel, Italy, Malta, San Marino and the Vatican City until the 1980s and those countries' (with… the exception of Israel) conversion to the Euro. The Lira is currently used in Turkey, Lebanon, Syria, and Jordan. The Shekel was also an ancient Mesopotamian currency. (MORE)
Talent is a part of a weight system and monetary system. In weight, it is 34.2 Kg or 75.5 lbs. Denarius is a Roman silver coin weighing 3.85 gm and worth approximately 74 cen…ts in today's standard. It had the head of Ceasar on it and was used to pay the head tax required by the Romans. A shekel could be either gold or silver and was also used as money. Pieces of either gold or silver would be weighed at the time of transaction. This was used before standard coins of a consistent weight and value were put into use. Some inscribed shekels seem to indicate that the average weight was about 11.4 grams. (MORE)
Maybe you can buy the crumbs of felafel off of someone's shirt fora shekel, but generally, a shekel is too small of an amount ofmoney to buy anything. It is barely worth more …than a USD quarterand Israeli prices are roughly the same as US prices. A bottle of soda or a bag of chips might cost between 3-7 shekels. (MORE)
Shekels are no longer used as currency, but ancient coins havesurvived so we know that a shekel weighed about 15 grams. The price of silver fluctuates, but as of today (Novemb…er 10) it isabout $21.34 USD per ounce. 15 grams of silver (1 shekel) at $21.34 per ounce equals $10.29USD. Therefore 10 shekels of silver is worth about $102.90 USD intoday's market. (MORE)