What is the national currency of Israel?
The Israeli currency is the Sheqel or Shekel (שקל) and the
symbol is ₪
The plural is Shkalim. 100 Agorot = 1 Shekel (Singluar
Agorah).
New Israel Shekel (NIS). The New Israeli Shekel has been in
circulation since 1986 when it replaced the Old Shekel.
The New Israeli Shekel is the official currency, although it is
referred to as the Shekel. In banking and finance you will often
see the abbreviation ILS, although NIS is used commonly too.
At the beginning of April, 2011, it traded at the rate of
US$1.00 = NIS 3.473 .
the (transliterated) shekel, a year and a half ago it was worth
about 1/4 of a US dollar.