Today, August 2, is the anniversary of the Palestine Currency Law, which in 1926 established the Palestine pound as the legal tender for the area of British Mandate Palestine.
What I didn’t realize is that the Palestine pound was the only legal currency in Transjordan as well until 1949!
So Transjordan used Palestinian currency until Israel was founded, and possibly for a year afterwards (when the Palestine pound was issued by the Anglo-Palestine Bank, owned by the Jewish Agency!)
Arabs in Palestine objected to using the currency at the time, wanting to keep the Egyptian pound as their official currency.
So when Palestinians claim that the Palestine pound was “their” currency that they want to recreate, are they also claiming sovereignty over Jordan which used that currency as well?
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