Palestinian pound

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The pound was the currency of Palestine between 1927 and 1948. Until 1918, Palestine used Turkish currency. Following the establishment of the British mandate, the Egyptian pound circulated until 1927, when the Palestinian pound was introduced, equal in value to the pound sterling. It was divided into 1000 mils. In 1948, it was replaced by the Israeli pound at par.

The Palestinian pound also served as the currency of Jordan. It was replaced in 1949 by the Jordanian dinar.

[edit] Coins

The denominations of coins which circulated were 1, 2, 5, 10, 20, 50 and 100 mils. The 1 and 2 mils were minted in bronze, whilst the 5, 10 and 20 mils were holed coins minted in cupro-nickel, except for during World War II when they were also minted in bronze. The 50 and 100 mils coins were minted in 72% silver 28% copper.

50 mils

100 mils

[edit] Banknotes

Banknotes were produced in denominations of 500 mils and 1, 5, 10, 50 and 100 pounds.