Israeli new shekel

New Israeli shekel
שקל חדש (Hebrew) ; شيكل جديد (Arabic); NIS
	New shekel banknotes (Current Series C)
ISO 4217
Code	ILS (numeric: 376)
Subunit	0.01
Unit
Unit	shekel
Plural	shekels; sheqalim;
Symbol	₪‎
Denominations
Subunit
1⁄100	agora
Plural
agora	agoras; agorot;
Banknotes	₪20, ₪50, ₪100, ₪200
Coins	10 agorot, ₪1⁄2, ₪1, ₪2, ₪5, ₪10
Demographics
Replaced	Old Israeli shekel
Official user(s)	Israel
Unofficial user(s)	Palestinian Authority;
Issuance
Central bank	Bank of Israel
Website	boi.org.il
Printer	Orell Füssli
Mint	KOMSCO
Valuation
Inflation	-0.59% (2020) ; 0.35% (2021 est.)
Source	Bank of Israel, Statista, April 2021

The new Israeli shekel (Hebrew: שֶׁקֶל חָדָשׁ, romanized: sheqel ẖadash, pronounced [ˈʃekel χaˈdaʃ] ^ⓘ; Arabic: شيكل جديد, romanized: šēkal jadīd; sign: ₪; ISO code: ILS; unofficial abbreviation: NIS), also known as simply the Israeli shekel (Hebrew: שקל ישראלי, romanized: sheqel yisreʾeli; Arabic: شيكل إسرائيلي, romanized: šēkal ʾisrāʾīlī), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agorot. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1.

The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש‎) and ẖadash (ח‎) (new). When the shekel sign is unavailable the abbreviation NIS (ש״ח and ش.ج) is used.

^ 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.
^ www.20min.ch, www 20minuten ch, 20 Minuten, 20 Min (27 April 2011). "Israel lässt in Zürich Geld drucken". 20 Minuten.{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
^ "S. Korea Makes Money by Making Money". Voice of America News. 17 July 2012. Retrieved 13 March 2020.

[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.

[fussli1-2] www.20min.ch, www 20minuten ch, 20 Minuten, 20 Min (27 April 2011). "Israel lässt in Zürich Geld drucken". 20 Minuten.{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)

[komsco1-3] "S. Korea Makes Money by Making Money". Voice of America News. 17 July 2012. Retrieved 13 March 2020.

[1]

[2]

[3]