Israeli shekel (ILS) exchange rate

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ISRAELI SHEKEL INFO

The Israeli Shekel is the official currency of Israel.
Notes: 20, 50, 100, 200 shekels
Coins: 10 agorot and ½, 1, 2, 5, 10 shekels
Subunit: agora
Code: ILS
Symbol: ₪

More Info: Bank of Israel

MAIN EXCHANGES

If you are going to visit Jerusalem or any other city of Israel you will need to exchange your Euros to Israeli Shekel. In Eurochange you can buy your Shekel at the best price and with total availability. Buy them now online or find the nearest exchange office with the service to buy currencies.

About the Israeli Shekel

The Israeli Shekel is the official currency of Israel and the Palestinian National Authority (where it coexists with the Jordanian Dinar). It is divided into 100 agorot (singular agora) and its ISO 4217 code is ILS. Its symbol is ₪.

History of the currency of Israel

Since the creation of the State of Israel in 1948, the Palestinian Pound issued by the Anglo-Palestinian Bank was used in Israel. In 1952 the issuing bank changed its name to Bank Leumi (National Bank of Israel) and changed the name of the currency to the Israeli Pound.

The Israeli Pound was in circulation between 1952 and 1980. From the 60s there was a public debate about the non-Hebrew name of the currency, but it was not until 1980 when the name was finally changed to Shekel. Shekel had been a currency and unit of measure in antiquity in Israel.

Between 1980 and 1985 there was a strong inflation that culminated with the issuance of a new Shekel (the one we know today) that was changed with a rate of 1,000 to 1.

Israeli Shekel banknotes and coins

The notes of Israeli Shekel of legal tender belong to the Second and Third Series that coexist at present. The denominations are 20, 50, 100 and 200 Shekel. The 20 Shekel note of the Second Series is available in cotton paper and polymer. Both versions have the same design.

ISRAELI SHEKEL BANKNOTES IN CIRCULATION

In the notes of the Second Series appear relevant characters of the political life of Israel, while the design of the notes of the Third Series is based on prominent Hebrew poets whose stories, lives and activities are intertwined with the rebirth of the Nation of Israel.

In the notes of the Second Series appear Moshe Sharett (in a photo taken at the ceremony of deployment of the Israeli flag in the building of the UN in 1949), Shmuel Yosef Agnon (writer winner of the Nobel Prize for Literature and reference of modern fiction), Yitzhak Ben-Zvi (historian and second President of the State of Israel), Zalman Shazar (poet, politician and third President of the State of Israel), Yitzhak Rabin (politician, general and fifth Prime Minister of Israel).

In the notes of the Third Series appear Rachel Bluwstein (first female Israeli poet to obtain recognition at the beginning of the XX Century), Shaul Tchernichovsky (a Hebrew poet born in Imperial Russia influenced by the epic of Ancient Greece), Leah Goldberg (considered one of the classics of Israeli literature, wrote several genres and translated works into Hebrew), Nathan Alterman (writer and Hebrew journalist with great influence on socialist Zionism).

Israeli Shekel coins are 1, 5 and 10 agorot and ½, 1, 2, 5 and 10 Shekel. In them appear different objects representative of the country as an old galley, an ancient coin, a menorah, a lyre, a lilio, two cornucopias, the capital of a column of Ionic style and a palm tree with seven branches.

How much money do I take to Israel?

If you are preparing your trip to Israel and you are not sure about how many Israeli Shekels you will need, it will be our pleasure to help you. Our clients usually exchange about 890 Euros into Shekels. To calculate the approximate amount of money you might need for your trip you have to take into account if ,once you arrive in your destination, you have to pay for hotels, rental cars, excursions or tickets, or if you will only have the most usual expenses of the day such as food, public transport or shopping.

Israeli Shekel (ILS) exchange rate