The Israel Currency:
The New Israeli Shekel

The Israel currency is pretty cool and stable. It is called the Shekel (also spelled Sheqel). More accurately it is called the New Israeli Shekel. The abbreviation for the Shekel is N.I.S. (this stands for New Israeli Shekel or New Israeli Sheqel).

The name comes from an old biblical currency from the time of the patriarch Abraham, who bought a cave for 400 Shekels…

The New Israeli ShekelThe New Israeli Shekel

Bank of Israel is the authority as far as issuing the Israel currency. Here is a quote I took from the Bank of Israel website:

“By law, only the Bank of Israel may issue currency in Israel (banknotes, coins, and commemorative and special coins). The quantity and value of banknotes and coins in circulation are affected by several factors, such as changes in the extent and number of transactions, the rate of inflation, and the use of checks, credit cards, and automated teller machines. The main function of the Bank of Israel's Currency Department is to ensure a regular supply of banknotes and coins, in accordance with public demand.”

One Sheqel (NIS) = 100 Agorot (Israel's equivalent of cents)

Here is a converter you can use to find out how many Sheqels you can get for your local currency:


xe.com Universal Currency Converter ®
Convert this amount
of this type of currency
into this type of currency.

enter any amount

scroll down to see more currencies

scroll down to see more currencies
Universal Currency Converter under license from XE.com. Terms of Use


This is what the Israeli money (the notes) looks like... Below are pictures of the 20, 50, 100 and 200 bills. Don't try to print those off and use them - I'm quite sure it wouldn't work...

20 New Israeli Shekels
50 New Israeli Shekels
100 New Israeli Shekels
200 New Israeli Shekels

In the above pictures you can see the Israel currency "live" - you should keep a few of those Israel banknotes in your wallet when you travel around in Israel. It is quite easy to exchange foreign money to Israeli currency – in the airport there are quite a few exchange spots. Also, you should be able to get your currency exchanged to the Israel currency in all the big cities and every hotel in Israel. Make sure that you get a good rate though…

I hope my 2 cents (haha) about the Israeli money helped you some...
...Just make sure you bring enough of it for your trip.






Return from Israel Currency to Israel Facts

Return to the Home Page

Flights to Israel

Hotels in Israel

Weather in Israel


Ask Us a Question About This Topic!
Or Share Something Cool!

Have a question about this Israel topic? Or a suggestion or tip? Maybe even a personal story to share?

Great! Just fill out the fields below and send us your submission...

[ ? ]

Upload up to 4 Photos (optional)[ ? ]

 

Click here to upload more images (optional)

Author Information (optional)

To receive credit as the author, enter your information below.

(first or full name)

(e.g., City, State, Country)

Submit Your Contribution

 submission guidelines.


(You can preview and edit on the next page)



New! Comments

Have your say about what you just read! Leave me a comment in the box below.

Copyright 2008-2016 israel-travel-and-tours.com 
Click here for the Site Policies