Israeli New Sheqel Wiki
The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ sheqel ẖadash; Arabic: شيكل جديد šēkal jadīd; sign: ₪; ISO code: ILS; abbreviation: NIS), 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 agorot. 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). When the shekel sign is unavailable the abbreviation NIS (ש״ח and ش.ج) is used. 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, 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.