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The new Israeli shekel (Hebrew: שֶׁקֶל חָדָשׁ, romanized: sheqel ẖadash, pronounced [ˈʃekel χaˈdaʃ] ⓘ; Arabic: شيكل جديد, romanized: šēkal jadīd; sign: ₪; ISO code: ILS; unofficial abbreviation: NIS), also known as simply the Israeli shekel (Hebrew: שקל ישראלי, romanized: sheqel yisreʾeli; Arabic ...
also spelled: shekel. 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).
The "₪" symbol on the left and the abbreviation "ש״ח" on the right may be used interchangeably. The shekel sign ₪ is a currency sign used for the shekel, the currency of Israel. Israeli new shekel (1986–present)
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.
The Israeli Shekel is the currency of Israel. Our currency rankings show that the most popular Israeli Shekel exchange rate is the ILS to USD rate. The currency code for New Shekels is ILS, and the currency symbol is ₪. Below, you'll find Israeli Shekel rates and a currency converter.
The currency in Israel is the Israeli new shekel. As the official legal tender in Israel, the Israeli new shekel is officially recognized by the Israeli government, meaning you can use it to settle all financial obligations in the country, including paying for goods, services, taxes, and debts.
27 Ιουλ 2017 · Israel’s official currency is the shekel. It’s formally called the New Shekel, having replaced the ‘old’ shekel in 1985. There are 100 agora in a shekel. Characteristics of the Israeli Shekel. Although the 1 and 5 agora coins aren’t in use any more, you may still come across bills for irregular prices - ILS 8.99 or ILS 12.02, for instance.