The Israeli New Shekel (Hebrew: שֶׁקֶל חָדָשׁ Sheqel Ḥadash) (sign: ₪; acronym: ש״ח and in English NIS; code: ILS) (officially spelt sheqel; pl. sheqalim pronounced shqalim – שקלים; Arabic: شيكل جديد or شيقل جديد šēqel ǧadīd) is the currency of the State of Israel. The shekel consists of 100 agorot (אגורות) (sing. agora, אגורה). Denominations made in this currency are marked with the shekel sign, ₪. The Israeli new shekel is in use since 1 January 1986 when it replaced the Old Israeli shekel that was in usage between 24 February 1980 and 31 December 1985, at a ratio of 1000:1.
Read more about Israeli New Shekel: History, Coins, Banknotes, Gallery, Abbreviation
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