What is an agora coin?

Currently, the term agora refers to the 100th part of the new shekel. There are coins of 10 and 50 agorot, though the 50 agorot coin bears the inscription: " 1⁄2 New Shekel". A coin of 1 agora was in use until April 1, 1991 and a coin of 5 agorot was in use until January 1, 2008 when the Bank of Israel decided to cease production.

When did the bank of Israel stop making agora coins?

A coin of 1 agora was in use until April 1, 1991 and a coin of 5 agorot was in use until January 1, 2008 when the Bank of Israel decided to cease production. This was due to the costs spent on its production which considerably exceeded the coin's value. Today, when paying in cash, the price must be rounded to the nearest multiple of 10 agorot.

Why is the Israeli pound called Agora?

The name agora refers to the subunits of three distinct Israeli currencies. This name was used for the first time in 1960, when the Israeli government decided to change the subdivision of the Israeli pound ( Hebrew: לירה, lira) from 1,000 prutah to 100 agorot due to the currency's depreciation.

What is agagora?

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