The sheqel was the currency of Israel between 1980 and 1985. It replaced the Israeli pound or lira at a rate of 1 sheqel = 10 lira. It was subdivided into 100 new agorot. After suffering from high inflation, the sheqel was replaced by the new sheqel in 1985 at a rate of 1 new sheqel = 1000 "old" sheqalim. 1980 (MCMLXXX) was a leap year starting on Tuesday. ... This article is about the year. ... 1 lira coin (1971â9) from World Coin Gallery. ... 1 sheqel coin (1994â5). ...