What currency is used in Israel?
Posted on Oct 21, 2025 / Finance
Israel uses the Israeli new shekel, written as ILS. The shekel has been the country’s official currency since 1985, replacing the old shekel. Banknotes feature national leaders, historical symbols, and cultural motifs. Cash is widely used, but cards and digital payments are very common, especially in cities like Tel Aviv and Jerusalem. The shekel’s value is stable and closely monitored by the Bank of Israel. ATMs and exchange offices are easy to find for travelers. The new shekel reflects Israel’s modern economy and technological growth.
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