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Israeli new shekel

Local nameשקל חדש  
شيقل جديد  
ISO 4217 CodeILS
Official userIsrael
Palestinian territories
Inflation2.6% (2010 est.) 3.3% (2009 est.)
Coins and Banknotes
Central bankBank of Israel

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The Israeli New Shekel ( ) (sign: ; acronym: ש״ח and in English NIS; code: ILS) (also spelled sheqel; pl. shekalim pronounced shkalim � שקלים; or ) is the currency of the State of Israel. The shekel is divided into 100 agorot (אגורות) (sing. agora, אגורה). Denominations made in this currency are marked with the shekel sign, ₪.

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