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Yes, they are different acronyms for the same currency.

NIS stands for New Israeli Shekel

ILS stands for Israeli New Shekel

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12y ago

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Are NIS and ILS currency the same?

yes, the same. both are acronyms for the Israeli currency.


What is the unit of currency in Israel?

The unit of currency in Israel is the New Israel Shekel (NIS) or shekel for short.


What is the national currency of Israel?

Israel's currency is the NIS or New Israeli Sheqel. The Sheqel is currently worth approximately $0.27 USD. Note: The NIS is also used in most areas of Gaza and the West Bank as there is no formal Palestinian Bank, but Jordanian Dinars are also in some circulation in the West Bank.


What is the currency in Tel Aviv?

The currency everywhere in Israel is the New Israeli Shekel (NIS), which trades at roughly 3.6 NIS per US dollar.


What money does Jerusalem use?

Jerusalem's current currency is the New Israel Shekel (NIS) or shekel for short.


What type of currency is used in Tel Aviv?

Israel's currency is comprised of both paper notes and metal coins in various denominations. The unit of Israel's currency is the New Israeli Shekel (NIS), trading in January 2012 at around NIS3.85 = US$1.00 .


What currency is NIS?

New Israeli Shekel


What is cost of airmail stamp from Israel to US?

NIS 5.90


What is the price of gas in israel 2012?

8.25 NIS / Liter (September, 2012)


What is the cost of a Suzuki Alto in Israel?

60,000 NIS for the manual gear model


How much is 1100 shekels coverted into currency?

As of today 1,100 NIS = US$ 290


What do people in Palestine call their money?

The Israeli unit of currency is the New Israeli Shekel (NIS). 1 NIS = 100 Agorot. According to one on-line foreign exchange calculator right now this minute, one US dollar buys NIS 3.62 today. That means that over the past 10 years, the NIS has gained about 16% in value against the US dollar. When I arrived in Israel 10 days ago, seasoned traveler that I am, I converted some dollars at the airport and I was good to go. Except that airports are the worst places to convert your currency when you arrive in a country. I received a rate of $1 = NIS 3.57, and the exchange agent then took their customary 10% commission. Moral of the story: If you're traveling to another country, you'll probably know about it far enough in advance to be able to change your currency at a bank before you leave. Do that.