The New shekel

 

 

 

 

 

 

The new shekel:

The new shekel is the monetary unit of Israel and together with the Jordanian dinar, it is also the Palestinian National Authority. It is divided into 100 agorot.

The new shekel was adopted in 1985, replacing the shekel, at the rate of 1000 old shekels for each unit of the new currency.

Coins and notes of the New shekel:

We currently find coins of 5 and 10 agorot as a fraction and ½, 1, 2, 5, 10 new shekel.

As for the tickets, the current values are 20, 50, 100 and 200 new.

Did you know?

  • The new shekel is not produced in Israel. Currently, coins are minted at the Korea Minting and Security Printing Corporation and the tickets are manufactured in Switzerland.
  • The old shekel suffered a strong and uncontrolled inflation that took place during Israel's economic crisis in the early 1980s.
  • Since January 1, 2003, the new shekel is a flexible currency, with free trade in the forex market.

Symbol:

₪

ISO:

ILS

Date of issue:

1985

Authority:

Bank of Israel

Frequent changes:

Other currencies of the world

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    Global Exchange Global Exchange     Your high-street bank
Number of curencies available   We have more than 13 currencies. We are specialists.   Only the most common ones. They don't pay much attention to this service and, moreover, they will always try to get you to leave with Dollars.
Currency availability   Immediate availability at our airport offices on the day of your trip.   The branch requests it from Head Office and it may take quite a long time to have the currency available, or they may not even have it.
Cost of the transaction   Only the exchange rate, with no commissions, and if you book online we guarantee you the best price.   Your bank's margin plus a commission.
Fractional currency so you can pay comfortably   Of course, because we think of you and your needs when you set foot in a foreign country.   No. Be prepared to hear refusals and complaints in a foreign language when you present a "large" bill.
Delivery options   We offer you the possibility of picking up your order at the airport.   You have to go to the bank twice: once to request the currency and once to pick it up, if they can get it for you, so you have to keep track of your money.
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