The old 1000 shekel bill, which was issued in Israel before the currency was revalued in 1985, is no longer in circulation and has no official monetary value. However, collectors may pay a small amount for it based on its historical significance or rarity. As of October 2023, the exchange rate for the current Israeli New Shekel (ILS) to USD fluctuates around 3 to 4 shekels per dollar, but the old bill itself cannot be exchanged for current currency.
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