Israeli Currency – New Israeli Shekel

Israeli currency is called “New Israeli Shekel” commonly called Shekel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The abbreviations are both NIS and ILS. The currency symbol is and typically appears after the number. For example 20₪, 50₪, 100₪ and 200₪. Many times you will also see in English 20 NIS, 50 NIS, 100 NIS, and 200 NIS.

Israeli Banknotes and Coins

The Israeli new shekel in Hebrew: שֶׁקֶל חָדָשׁ sheqel ẖadash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS

The different denominations of Israeli currency start with 20 and continue with 50, 100 and 200. All in different colors so as not to get confused. The bills are a bit wider than the US currency and a bit longer than the Euro. Israeli coins come in 1/10 of a shekel, 1/2 of a shekel (called 10 and 50 Agorot) 1 shekel, 2 shekels, 5 shekels, and 10 shekels as seen above.

Exchanging Money in Israel

Some prefer to bring Shekels with them when they travel to Israel however you will get a much better exchange rate here in the country. There are many money exchange places in the main tourist areas – Tel Aviv, Jerusalem, Netanya, Haifa, and Eilat. Make sure to have your passport to exchange foreign currency for shekels. This will be cheaper than exchanging at your home back or at the airport.

Credit Card & ATM use in Israel

Credit cards like VISA, MasterCard and American Express are widely accepted in Israel. Just remember to notify your credit card company that you will be traveling abroad to avoid fraud alerts or holds being put on your account. ATMs are widespread and many will accept foreign credit cards, making it easy to withdraw money rather than having to carry around a lot of cash either in dollars or shekels.

Share this post

More To Explore


After booking: How we are staying by your side

A quick guide to the israelrail app On our tours we are always there for you. After booking, our IsraelRail...
Medical Equipment

Seeing a Doctor in Israel: A Health Guide for Tourists

Sick in Israel while Travelling? Sickness sucks, especially when you’re travelling. After a total of 5 weeks with ongoing coughs...
Hummus Eliyahu Tel Aviv

5 Best Places for Food

Best Food Close to Tel Aviv Train Stations Are you still having some time for a quick breakfast before getting...
Tel Aviv Train Station

How to get from Tel Aviv to Acre (Ako)

Located right by the sea, Acre (Ako) offers plenty of museums, historical sights, a beautiful port and culinary as well...
IsraelRail Zug

How to get from Tel Aviv to Haifa

With the biggest Israelian international port, the famous Bahá’i gardens, plenty of museums and different markets, Haifa has a lot...

5 must have travel apps in Israel

The traffic is heavy, the parking spaces few. If you want to get from one place to another in Israel...