Israeli new shekel · ILS

₪ symbol · 1 country currently using this currency.

Currency info

Adopted: 1985

Currency family: Other

The shekel symbol ₪ combines the Hebrew letters shin and qof, representing the word 'shekel' in Hebrew.

Introduced in 1985 to replace the Israeli Shekel due to hyperinflation, with an initial rate of 1,000 old shekels = 1 new shekel
The shekel has ancient roots, used as currency in biblical times and during the Second Temple period
Banknotes feature portraits of prominent Israeli figures including David Ben-Gurion, Golda Meir, and Theodor Herzl
The currency is managed by the Bank of Israel, established in 1954

Countries currently using this currency

Related

Other Other currencies

Afghan Afghani (AFN)Albanian lek (ALL)Algerian Dinar (DZD)Angolan Kwanza (AOA)Armenian Dram (AMD)Azerbaijani Manat (AZN)Bahraini dinar (BHD)Bangladeshi taka (BDT)Belarusian ruble (BYN)Boliviano (BOB)Botswana pula (BWP)Brazilian Real (BRL)

Historical predecessor

Israeli Shekel