# be'gin ha'helek hayachasi le'shnat 1965

## English translation: Pro-rating for 1965 from the first day the equipment was used - 22,000 Israeli pounds

 22:55 Dec 8, 2003
Hebrew to English translations [Non-PRO]
 Hebrew term or phrase: be'gin ha'helek hayachasi le'shnat 1965 be'gin ha'helek hayachasi le'shnat 1965 mi'yom thilat shimushey hatziud - 22000 lirot
 Explanation:This seems to be an item on a list of costs or pricing of some equipment rental/lease. The cost or price of 22,000 Israeli pounds is quoted for the use of some equipment from some point partway through 1965 until the end of that year. Note that since 1965 the Israeli currency has changed from lira (or pound) to shekel (1000 lira became 1 shekel) and again to New Israeli Shekel (NIS) which is the currency in use today (10 shekel became 1 NIS). The current rate of exchange is roughly 4.4 NIS = US\$1, but one should not assume this implies that 22,000 lira is the same as US\$0.50 as there has been very high inflation in Israel since 1965 (especially in the early to mid- eighties. One would need to go to some historical record if the amount in US\$ as of 1965 is important.
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opher
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4 +1Pro-rating for 1965 from the first day the equipment was used - 22,000 Israeli pounds
 opher

Discussion entries: 1

16 mins   confidence: peer agreement (net): +1
Pro-rating for 1965 from the first day the equipment was used - 22,000 Israeli pounds

Explanation:
This seems to be an item on a list of costs or pricing of some equipment rental/lease. The cost or price of 22,000 Israeli pounds is quoted for the use of some equipment from some point partway through 1965 until the end of that year. Note that since 1965 the Israeli currency has changed from lira (or pound) to shekel (1000 lira became 1 shekel) and again to New Israeli Shekel (NIS) which is the currency in use today (10 shekel became 1 NIS). The current rate of exchange is roughly 4.4 NIS = US\$1, but one should not assume this implies that 22,000 lira is the same as US\$0.50 as there has been very high inflation in Israel since 1965 (especially in the early to mid- eighties. One would need to go to some historical record if the amount in US\$ as of 1965 is important.

 opher

agree  Raphyel: on1965 LIRA/OT as Israeli currency, not similar to the Pound
 8 hrs

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