ILS - Israeli Shekel currency

Israel flag Israel

The Israeli Shekel (ILS), also known as the New Israeli Shekel (NIS), is the currency of Israel and is issued by the Bank of Israel. It was introduced in 1985, replacing the old Israeli shekel at a rate of 1,000:1 due to high inflation. The shekel is a free-floating currency and is widely traded internationally. It is used exclusively in Israel and is available in both coins (agorot) and banknotes, with security features designed to prevent counterfeiting.

ILS - Israeli Shekel profile

Symbol ₪
ISO 4217 Code ILS
Central Bank Bank of Israel
Nicknames NIS (New Israeli Shekel)
Countries using this currency Israel

ILS - Israeli Shekel
live currency rates

Last updated:
Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.

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