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Israeli new shekel
Currency of Israel / From Wikipedia, the free encyclopedia
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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: شيكل إسرائيلي, romanized: šēkal ʾisrāʾīlī), 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.
NIS | |
---|---|
![]() New shekel banknotes (Current Series C) | |
ISO 4217 | |
Code | ILS (numeric: 376) |
Subunit | 0.01 |
Unit | |
Unit | shekel |
Plural |
|
Symbol | ₪ |
Denominations | |
Subunit | |
1⁄100 | agora |
Plural | |
agora |
|
Banknotes | ₪20, ₪50, ₪100, ₪200 |
Coins | 10 agorot, ₪1⁄2, ₪1, ₪2, ₪5, ₪10 |
Demographics | |
Date of introduction | 1 January 1986 |
Replaced | Old Israeli shekel |
Official user(s) | ![]() |
Unofficial user(s) | ![]() |
Issuance | |
Central bank | Bank of Israel |
Website | boi |
Printer | Orell Füssli[2] |
Mint | KOMSCO[3] |
Valuation | |
Inflation | ![]() ![]() |
Source | Bank of Israel, Statista, April 2021 |
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.