Shekel

Israelites

Exodus 30:24 notes that the measures of the ingredients for the holy anointing oil were to be calculated using the Shekel of the Sanctuary (see also Exodus 38:24–26, and similarly at Numbers 3:47 for payment for the redemption of 273 first-born males^[11] and at Numbers 7:12–88 for the offerings of the leaders of the tribes of Israel), suggesting that there were other common measures of a shekel in use, or at least that the Temple authorities defined a standard for the shekel to be used for Temple purposes.

According to Levitical law, whenever a census of the Israelites was to be conducted, every person that was counted was required to pay the half-shekel for his atonement (Exodus 30:11–16).^[12]

The Aramaic tekel, similar to the Hebrew shekel, used during the feast of Belshazzar according to the Book of Daniel and defined as weighed, shares a common root with the word shekel and may even additionally attest to its original usage as a weight.

Second Temple period half-Shekel Temple tax

During the Second Temple period, it was customary among Jews to annually offer the half-Shekel into the Temple treasury, for the upkeep and maintenance of the Temple precincts, as also used in purchasing public animal offerings. This practice not only applied to Jews living in the Land of Israel, but also to Jews living outside the Land of Israel.^[14] Archaeological excavations conducted at Horvat 'Ethri in Israel from 1999 to 2001 by Boaz Zissu and Amir Ganor of the Israel Antiquities Authority (IAA) have yielded important finds, the most-prized of which being a half-Shekel coin minted in the 2nd century CE, upon which are embossed the words "Half-Shekel" in paleo-Hebrew (Hebrew: חצי השקל). The same coin possesses a silver content of 6.87 grams.^[15] According to the Jewish historian Josephus, the annual monetary tribute of the half-Shekel to the Temple at Jerusalem was equivalent to two Athenian drachmæ, each Athenian or Attic drachma weighing a little over 4.3 grams.^[16]

Jewish–Roman wars

The First Jewish Revolt coinage was issued from AD 66 to 70 amid the First Jewish–Roman War as a means of emphasizing the independence of Judea from Roman rule and replacing the Tyrian shekel with its image of a foreign god which had previously been minted to pay the temple tax.^[17]

The Bar Kochba shekel was issued from AD 132 to 135 amid the Bar Kokhba revolt for similar reasons.

Carthage

The Punic or Carthaginian shekel was typically around 7.2 grams in silver and 7.5 grams in gold (suggesting an exchange rate of 12:1).^[6] It was apparently first developed in Sicily during the mid-4th century BC.^[3] It was associated with the payment of Carthage's mercenary armies and was repeatedly devalued over the course of each of the Punic Wars. The amount and quality of this currency however increased as a result of the Carthaginian Empire's expansion into Spain under the Barcid dynasty before the Second Punic War and recovery under Hannibal before the Third Punic War. Throughout, it was more common for Carthage's holdings in North Africa to employ bronze or no coinage except when paying mercenary armies and for most of the coins to circulate in Iberia, Sardinia, and Sicily.^[6]

Tyre

The Tyrian shekel began to be issued c. 300 BC.^[3] Owing to the relative purity of its silver, it became the preferred medium of payment for the Temple tax in Jerusalem, despite its royal and pagan imagery. The money changers expelled by Jesus in the four canonical gospels are those who exchanged worshippers' baser common currency for such shekels. The “30 pieces of silver” paid by the chief priests to Judas Iscariot in exchange for his betrayal of Jesus may be a reference to the Tyrian shekel.^[18]

Israel

The shekel (sheqel in direct transcription) replaced the Israeli pound (Hebrew: לִירָה, lira) in 1980. Its currency symbol was ⟨⟩, although it was more commonly notated as ש or IS. It was subdivided into 100 new agorot (אגורות חדשות). It was replaced in 1985 by the new shekel, due to hyperinflation. Its currency symbol is ⟨ ₪ ⟩, although it is often notated as ש״ח or NIS. It is subdivided into 100 agorot. Both Israeli shekels are solely units of fiat currency, and not related to the weight of any precious metal. With the 2014 series of notes, the Bank of Israel abandoned the transcriptions Sheqel and Sheqalim in favor of the standard English forms Shekel and Shekels.