| 1 $ = | Start | 07/11/2026 | Change | |
| Last 24 hours | 3.0109 ₪ | ⇨ | 3.0109 ₪ | +0% |
| Last week | 2.9986 ₪ | ⇨ | 3.0109 ₪ | +0.41% |
| Last month | 2.9637 ₪ | ⇨ | 3.0109 ₪ | +1.59% |
| Last year | 3.3311 ₪ | ⇨ | 3.0109 ₪ | -9.61% |
| Currency | 07/04/2026 | 07/11/2026 | Change | |
| Venezuelan Bolívar (VES) | 638.9 Bs. | ⇨ | 708.81 Bs. | +10.94% |
| Seychellois Rupee (SCR) | 13.466 SR | ⇨ | 14.565 SR | +8.16% |
| Papua New Guinean Kina (PGK) | 4.3946 K | ⇨ | 4.4688 K | +1.69% |
| Afghan Afghani (AFN) | 64 Af | ⇨ | 65 Af | +1.56% |
| Gambian Dalasi (GMD) | 72.504 D | ⇨ | 73.504 D | +1.38% |
| Belarusian Ruble (BYN) | 2.9023 Br | ⇨ | 2.8615 Br | -1.4% |
| New Zealand Dollar (NZD) | 1.7522 NZ$ | ⇨ | 1.7273 NZ$ | -1.43% |
| Zambian Kwacha (ZMW) | 18.38 ZK | ⇨ | 18.044 ZK | -1.83% |
| South Korean Won (KRW) | 1,528.8 ₩ | ⇨ | 1,499.2 ₩ | -1.94% |
| Colombian Peso (COP) | 3,363.7 $ | ⇨ | 3,294.7 $ | -2.05% |
| See also: 24h, monthly and yearly currency moves | ||||
| Currency name | Israeli Shekel |
| Symbol | ₪ |
| Also known as | ILS, Israeli New Shekel, ₪1 = 100 agorot |
| ISO code | ILS |
| Banknotes | ₪20, ₪50, ₪100, ₪200 |
| Coins | 10, 50 agorot; ₪1, ₪2, ₪5, ₪10 |
| Central bank | Bank of Israel - Website: www.boi.org.il |
| Countries | 1 country: Israel (capital: Jerusalem, major cities: Jerusalem, Tel Aviv, Haifa, Rishon LeZion) |
| Population | 9 mil. |
History
The Israeli shekel has a history stretching back to biblical antiquity — the shekel was the basic unit of weight and currency in ancient Israel, mentioned throughout the Hebrew Bible. The name means "to weigh" in Hebrew. Silver shekels were minted during the first and second Jewish revolts against Rome (66–70 CE and 132–135 CE) and are among the most historically prized ancient coins.
The modern Israeli monetary system began with the British Mandatory Palestine pound, replaced after independence by the Israeli pound (lira) in 1948. The lira was divided into 1,000 pruta. In 1960 it was redenominated at 1,000:1 and renamed the Israeli pound, then replaced by the shekel (ILS) in 1980 at 10:1 as inflation accelerated.
The 1980s brought hyperinflation to Israel, driven by large budget deficits and a wage-price spiral. Annual inflation exceeded 400% in 1984. A bold economic stabilisation plan in 1985 — which included wage and price freezes, sharp budget cuts, and a new currency — tamed inflation dramatically. The new shekel (NIS), introduced in 1985 at 1,000:1, remains Israel's currency today.
The Bank of Israel manages monetary policy under an inflation-targeting framework. The shekel is freely convertible and has generally strengthened over the past two decades, reflecting Israel's tech-driven economic success. Geopolitical tensions periodically cause volatility.
Sources:
"Israeli new shekel", Wikipedia, https://en.wikipedia.org/wiki/Israeli_new_shekel
"Israeli economic stabilization plan", Wikipedia, https://en.wikipedia.org/wiki/Israeli_economic_stabilization_plan