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The currency sign for the new shekel ₪ is a combination of the first Hebrew letters of the words shekel (ש ) and ẖadash (ח ) (new). When the shekel sign is unavailable the abbreviation NIS (ש״ח and ش.ج) is used.
The shekel (sheqel in direct transcription) replaced the Israeli pound (Hebrew: לִירָה, lira) in 1980. Its currency symbol was , although it was more commonly notated as ש or IS. It was subdivided into 100 new agorot (אגורות חדשות). It was replaced in 1985 by the new shekel, due to hyperinflation.
28 Αυγ 2024 · Today, one New Israeli Shekel (NIS) is worth about a quarter of a U.S. dollar—a far cry from the weighty silver coins of old, but still significant in the daily lives of Israelis. The New Israeli Shekel stands as a symbol of Israel’s economic resilience.
These designs draw inspiration from symbols on ancient Jewish coins, connecting Israel's modern currency to its historical and cultural roots. Meanwhile, the banknotes feature figures from contemporary Israeli history, offering a comprehensive view of the nation's heritage.
The Israeli new shekel (Hebrew: שקל חדש, romanized: šéqel ħadáš, IPA: [ˈʃekel χaˈdaʃ]), also known by the acronym NIS (Hebrew: ש״ח IPA:), was announced officially on 22 September 1985, when the first new shekel banknotes and coins were introduced. [1]
14 Νοε 2014 · The First Jewish Revolt of A.D. 65 to 70 transformed the shekel into a potent symbol of political defiance. The rebels minted shekels, half-shekels and quarter-shekels in Jerusalem during the war...
sheqel, monetary unit of Israel. The sheqel (plural: sheqalim) is divided into 100 agorot. Israel’s current monetary system, based on the New Israeli Sheqel (NIS), was established in 1985, when the old sheqel was replaced at a rate of 1,000 old sheqalim to 1 new sheqel (NIS 1).
