ILS (₪)

Currency: Israeli new shekel

The Israeli new shekel is the official currency of Israel. One US dollar is worth around 3.20 ILS. The Israeli new shekel (ILS) is the currency of Israel, which is situated in the Middle East. It was first introduced in 1985, replacing the Israeli shekel. The new shekel is subdivided into 100 agorot. The Bank of Israel is responsible for issuing and managing the currency. The new shekel is widely used throughout the country and is accepted at most major businesses, including hotels, restaurants, and shops. The currency has experienced relatively little fluctuation in recent years, making it a stable currency in the region.