New shekel

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New shekel
New shekel banknotes (Current Series C)
New shekel banknotes (Current Series C)
ISO 4217 Code ILS
Official user(s)  Israel
Unofficial user(s)  Palestinian Authority[1]
Inflation −0.59% (2020)
Template:Increasenegative0.35% (2021 est.)
Source Bank of Israel, Statista, April 2021
Subunit
1100 agora
Symbol
Plural
  • shekels
  • sheqalim
agora
  • agoras
  • agorot
Coins 10 agorot, ₪12, ₪1, ₪2, ₪5, ₪10
Banknotes ₪20, ₪50, ₪100, ₪200
Central bank Bank of Israel
Website [http://boi.org.il boi.org.il]
Printer Orell Füssli[2]
Mint KOMSCO[3]

The New Shekel or Israeli Shekel is the official currency (money) of the State of Israel. The shekel is the name of money used in ancient times in the Bible and in places like the Land of Israel.

People usually call the money simply "the shekel." The plural of shekel is shkalim. Shkalim are divided into 100 agorot.

The shekel has its own special symbol: ₪. This comes from joining the first two letters of the words in Hebrew for New Shekel (ש"ח). In English, shekel can be written as NIS (standing for 'New Israeli Shekel').

Template:Economy of Palestine


New Shekel Media

  1. The State of Palestine lacks an official legal tender. According to Article 4 of the 1994 Paris Protocol, the Protocol allows the Palestinian Authority to adopt additional currencies. In the West Bank the Jordanian dinar is widely accepted and in the Gaza Strip the Egyptian pound is often used.
  2. Israel lässt in Zürich Geld drucken (27 April 2011)20 Minuten.
  3. S. Korea Makes Money by Making Money (2012-07-17)Voice of America News. Retrieved 2020-03-13.