These are the collective events from the 19th century in the year 1986 in Israel. With former leaders and development to the Asian states.

• President of Israel – Chaim Herzog
• Prime Minister of Israel – Shimon Peres (Alignment) until 20 October, Yitzhak Shamir (Likud)
• President of the Supreme Court – Meir Shamgar
• Chief of General Staff – Moshe Levi
• Government of Israel – 21st Government of Israel until 20 October, 22nd Government of Israel

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• 1 January – The New Israeli shekel (NIS) replaces the old shekel as Israel's official currency.
• 4 February – Israeli jet fighters intercept a Libyan civil aircraft over Cyprus and force it to land in Israel.^[1]
• 11 February – After a period of imprisonment of nine years in a Siberian labor camp, the Soviet-Jewish refusenik and human rights advocate Natan Sharansky and three low-level Western spies are exchanged for Czech spies held in the US, a Soviet spy, a Polish spy and a GDR spy (the latter three held in Western Germany). Sharansky subsequently emigrates to Israel.
• 16 April – Bejski Commission publishes its report.
• 3 May – Moti Giladi and Sarah Tzuriel represent Israel at the Eurovision Song Contest with the song “Yavo Yom” ("A Day will Come").^[2]
• 4 June – Jonathan Pollard pleads guilty to espionage for selling top secret United States military intelligence to Israel.
• 30 September – Israeli Mossad agent Cheryl Bentov who befriended Israeli nuclear weapons whistleblower Mordechai Vanunu persuades him to fly to Rome with her on a holiday. Once in Rome, Mossad agents overpower and drug him and carry him to a waiting ship off the coast, which takes him to Israel.
• 5 October – Israeli secret nuclear weapons are revealed by the British newspaper; The Sunday Times, which publishes an interview with Mordechai Vanunu, a former Israeli nuclear technician who revealed details of the program.
• 16 October – An Israeli F-4 Phantom, piloted by Yishai Aviram, is inadvertently damaged midair and abandoned, resulting in the capture of flight navigator then-Captain Ron Arad by Amal, the Lebanese Shi'ite militia. To this day, the whereabouts of Arad has not been disclosed by his captors.
• 20 October – The twenty-first government is replaced by the twenty-second government, when Yitzhak Shamir replaces Peres as Prime Minister in accordance with the rotation agreement between the Alignment and Likud.
• 23 October – The beginning of experimental broadcasts of the Israeli Channel 2.
• 19 December: Carmelit metro shut down for intensive renovation to be reopened in 1992.

Israeli–Palestinian conflict

The most prominent events related to the Israeli–Palestinian conflict which occurred during 1986 include:

Notable Palestinian militant operations against Israeli targets

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Main article: Palestinian political violence § Establishment of PLO to First Intifada (1964–1987)

The most prominent Palestinian militant acts and operations committed against Israeli targets during 1986 include:

• 17 April – Hindawi affair: An attempt to bomb an El Al flight from London to Tel Aviv is foiled.
• 6–22 September Turkish Jews were killed by Palestinian terrorists belonging to the Abu Nidal Organization while attending service at the Neve Shalom Synagogue.^[3]

Notable Israeli military operations against Palestinian militancy targets

This section needs expansion. You can help by adding to it. (December 2010)

The most prominent Israeli military counter-terrorism operations (military campaigns and military operations) carried out against Palestinian militants during 1986 include:

• 7 January – Daphne Leef, Israeli activist who is the initiator of the 2011 housing protests in Israel.
• 24 January – Raviv Ullman, Israeli-born American actor.
• 8 February – Agam Rodberg, Israeli model and actress.
• 3 March – Michael Moshonov, Israeli actor.
• 10 March – Roni Duani, Israeli pop singer, actress, TV host, and model.
• 28 August – Gilad Shalit, Israeli soldier held as a hostage.
• 1 September – Shahar Tzuberi, Israeli windsurfer and Olympic bronze medalist.

• 8 February – Yisrael Galili (born 1911), Russian (Ukraine)-born Israeli politician.
• 29 July – Dan Pagis (born 1930), Romanian (Bukovina)-born Israeli poet, lecturer and holocaust survivor.

• 1986 in Israeli film
• Israel in the Eurovision Song Contest 1986