The Israeli pound was the official currency of Israel from 1948 to 1980 before being replaced by the Israeli Shekel. Though it is no longer in use, there are still several synonyms for the Israeli pound. One of the most common is the Israeli lira, which was used from 1948 to 1960. Another synonym is the Israeli piastre, which was used before the lira from 1927 to 1948. Additionally, many people often refer to it as the Israeli pound sterling due to its close resemblance to the British pound. Despite no longer being the national currency, it still holds a significant place in Israeli monetary history.