Israeli Shekel

Israeli Shekel

Israeli Shekel overview

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

1 ILS to USD exchange rates chart

ILS to  exchange rates chart

Israeli Shekel news

Top 10 Graffiti Pieces In Israel That Took Urban Art To New Levels In 2018 | Design News

In this guest post, Yael Shapira, founder of Alternative Tel Aviv, takes readers into the fascinating world of graffiti and urban art. | NoCamels

13 days indicative positive
Israel's big pension tender: Higher management fees set as agents return to game

Most of the winning funds in the latest default tender will let insurance agents market the funds for commissions

about 2 months conditional positive
Divergent views from Israeli business leaders on shekel rate

Economist says strong shekel irrelevant as tech CEO frets: The dollar-shekel rate works against startups looking to go public

about 2 months indicative positive

ILS currency converter