The Israeli new shekel is Israel's currency, with banknotes of 20, 50, 100, and 200 shekels and coins of 0.5, 1, 5, and 10 shekels. The smallest unit is called an agora. Introduced after the Israeli pound, the shekel became the main currency in the 1980s. In 1985, following an economic crisis, the new shekel was established. Its name comes from an ancient biblical currency. According to the Bible, Abraham used shekels to purchase the Cave of the Patriarchs in Hebron.