shekel

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shekel

, sheqel
1. the standard monetary unit of modern Israel, divided into 100 agorot
2. any of several former coins and units of weight of the Near East

Shekel

 

a monetary unit, unit of weight, and silver coin of Persia and Judea. The Persian shekel of the reign of Darius I (522–486 B.C.) contained 5.6 g of silver; the Judean shekel of the second century B.C.. contained 14.25 g of silver.

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The weakness in the United States dollar vis-a-vis the Sheqel adversely impacted net income during the first quarter of 2008 by approximately four cents per share compared with the fourth quarter of 2007.