The Israeli New Sheqel
Introduced into the currency circulation on September 4, 1985 the Israeli new sheqel (NIS) is the successor of the old shekel, replacing it after the old currency faced much devaluation due to the economic crisis of the mid 1980's. The NIS is pronounced in Hebrew: "Sheqel H̱adash", or simply just "Sheqel".
Here are a few facts about the NIS:
The NIS is named after the biblical unit of weight: 'Shekel'. It was later used to also name currency, during the Second Temple Period (538 BC – 138 AD).
The currency sign is: ₪ - It is constructed by combining the two Hebrew letters that constitute the Hebrew acronym for NIS
One NIS = 100 agorot (Hebrew plural for agora)
Israeli banknotes are available in the following denominations: 20, 50, 100, 200 new sheqalim
Israeli currency coins are: 10 agorot (Hebrew plural for Agora), ½, 1, 2, 5, 10 new sheqalim
The new sheqel ISO 4217 code is: ILS (Israeli Sheqel)
Since May 26, 2008 the NIS is a convertible currency
The NIS banknotes and coins are produced in Korea
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| NIS 20 |
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| NIS 50 |
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| NIS 100 |
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| NIS 200 |
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| 10 Agorot |
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| Half Sheqel - 50 Agorot |
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| Sheqel |
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| Sheqels 2 |
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| Sheqels 5 |
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| Sheqels 10 |
Photos Courtesy: Bank of Israel
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