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Palestine pound: research record

Evidence coverage: 1927–1950. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Palestine pound

FTM000226 · Research draft

A documented account-unit or currency-system transition supports this predecessor identity; not admitted from a specimen or inherited label alone.

One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Dated observations: 1927–1950; this does not establish the entire lifetime.

Parents / predecessors

Egyptian poundterritorial currency separation · 1927
↗

Children / successors

Jordanian dinaraccount unit branching · 1950
↗
Israeli poundterritorial currency separation · 1948
↗

Siblings

Libyan dinarShared predecessor: Egyptian pound
Syrian poundShared predecessor: Egyptian pound

Latest research

Historical account research

The Palestine Currency Order defines a pound of 1,000 mils and makes it the presumptive unit of contracts, sales, payments and monetary instruments; Egyptian-pound obligations have an express conversion rule.

Sources and qualifications →

Account-unit observations

Dated evidence, not exact birth or extinction dates.

1927supported

The Palestine Currency Order defines a pound of 1,000 mils and makes it the presumptive unit of contracts, sales, payments and monetary instruments; Egyptian-pound obligations have an express conversion rule.

C1535
Evidence & research notes 4 claims

Dated observations, not a proven complete lifespan.

Supported C1113

Jordan’s dinar succeeded the locally circulating Palestine pound in 1950.

Central Bank of Jordan · Introductions Citation S238 · Open source ↗

Opening banknote history

Supported C1535

The Palestine Currency Order defines a pound of 1,000 mils and makes it the presumptive unit of contracts, sales, payments and monetary instruments; Egyptian-pound obligations have an express conversion rule.

Palestine Currency Order 1927; reproduced by Howard M. Berlin · The Palestine Currency Board: Its History and Currency (EconSciences, 2025), Appendix C Citation S877 · Open source ↗

Sections 1 and 4

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Full PDF and substantive primary-law transcription inspected.

Supported C1708

The Palestine pound succeeded Egyptian-pound accounting locally: the 1927 Currency Order establishes the new default contractual unit and expressly permits discharge of Egyptian-pound obligations at 1 Palestine pound = 0.975 Egyptian pound. Currency issue began 1 November 1927, with the Egyptian-cash transition continuing into March 1928.

Palestine Currency Order 1927; reproduced by Howard M. Berlin · The Palestine Currency Board: Its History and Currency (EconSciences, 2025), Appendix C Citation S877 · Open source ↗

Currency Order 1927 sections 1 and 4; Krus/Schuler Palestine section

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Full PDF and substantive primary-law transcription inspected.

Nicholas Krus and Kurt Schuler · Currency Board Financial Statements, Studies in Applied Economics No.22 (December 2014) Citation S189 · Open source ↗

Currency Order 1927 sections 1 and 4; Krus/Schuler Palestine section

Source access and limitations

Underlying annual reports and ordinances not independently inspected.

Gambia coin date conflicts with the indexed central-bank account.

Institutional liquidation is not currency termination.

Supported C1709

Israel's 1948 Currency Ordinance substitutes the Israel pound for existing and future Palestine-pound references, and the Bank Notes Ordinance exchanges notes at the same numerical amount. This is a documented regional account succession at parity; it does not imply termination of the Palestine pound in Jordan or Gaza in 1948.

Government of Israel; English translations reproduced by the Board of Governors of the Federal Reserve System · New Currency System in Israel, Federal Reserve Bulletin, December 1948 Citation S878 · Open source ↗

Currency Ordinance sections 1–4; Bank Notes Ordinance sections 7 and 13

Source access and limitations

Not a complete origin, lifespan or current-status audit.

English translation reproduced contemporaneously, not the original Hebrew gazette.

Nicholas Krus and Kurt Schuler · Currency Board Financial Statements, Studies in Applied Economics No.22 (December 2014) Citation S189 · Open source ↗

Currency Ordinance sections 1–4; Bank Notes Ordinance sections 7 and 13

Source access and limitations

Underlying annual reports and ordinances not independently inspected.

Gambia coin date conflicts with the indexed central-bank account.

Institutional liquidation is not currency termination.

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