Israeli New Sheqel Wiki
The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ sheqel ẖadash; Arabic: شيكل جديد šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel (Hebrew: שקל ישראלי, Arabic: شيكل إسرائيلي), 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). It was previously known as the new Israeli shekel and the non-official abbreviation of NIS (ש"ח and ش.ج) is still commonly used domestically to denominate prices and also appears on the Bank of Israel's web site. However, the official international currency code of the Israeli new shekel is ILS, as set by the International Organization for Standardization under ISO 4217. With currencyconverts.com you can convert Israeli New Shekel (₪) to any other foreign currency. To convert a certain amount of Israeli New Sheqel use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Israeli New Shekel is calculated from mid-market real price and updates daily. Usually people search for ILS exchange rate before business travel to Israel, Palestine, State Of, or during trip to other countries and want to check rate of Israeli New Sheqel in local money. On this page you can convert Israeli New Shekel to main foreign currencies, get fast access to most used amounts of ILS or aether calculate any amount of Israeli New Sheqel in other fiat money.