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11 Αυγ 2018 · But let’s begin with the basics of money in Israel: The local currency is the Israeli Shekel (ILS) or New Israeli Shekel (NIS). Its sign is – ₪. There are four banknotes: 200 ILS, 100 ILS, 50 ILS and 20 ILS. There are six coins: 0.1 ILS, 0.5 ILS, 1 ILS, 2 ILS, 5 ILS and 10 ILS.
The original shekel, now known as the old shekel, was the currency of the State of Israel between 24 February 1980 and 31 December 1985. Both it and its predecessor, the Israeli pound, experienced frequent devaluations against foreign currencies during the 1960s and 1970s.
15 Ιουλ 2024 · Denominations and Symbols of Israeli currency. Shekel comes in different denominations. The bank notes are 20, 50, 100, and 200 NIS. The coins are also diverse: 0,5, 1, 2, 5, and 10 shekels. There are also coins with the value that comes with agorot: 1, 5, and 10 agorot.
Find out everything you need to know about the Israel currency, exchanging money, using credit cards in Israel and local automated teller machines (ATMs).
Explore the captivating Israeli Shekel journey - ancient roots, symbolic coins, and a resilient new shekel. Dive into currency history today!
24 Ιαν 2023 · The modern Israeli monetary system is based on the Israeli currency known as the New Israeli Shekel (NIS), which was introduced in 1985. It comes in both coin and paper form in a variety of ...
Banknotes and Coins. The Bank of Israel holds the sole legal authority to issue currency, meaning legal tender (banknotes, coins, commemorative coins, and special coins) in Israel.
