Israeli shekel, ILS

The Israeli new shekel is the official currency of Israel. The ISO code is ILS and identified by the symbol ₪. The shekel is subdivided into 100 agorot. The new Israel Shekel is issued by the Bank of Israel. The name “shekel” was derived from an ancient unit of weight that amounts to approximately one ounce or 12 grams.

Israel Currency

Currency Name: Israeli new shekel
Local Name: שקל חדש (Hebrew)
Users: Israel, Palestinian territories
Currency Symbol/Sign: ₪
ISO code: ILS
Central bank: Bank of Israel
Subunit: 1 shekel = 100 agorot
Banknotes: 20, 50, 100, 200 new shkalim
Coins: 10 agorot, ½, 1, 2, 5, 10 new shkalim.

Currency Peg:No
Black Market for Currency:Yes
Currency Volatility:unknown

Central Bank Rate

The current central bank interest rate is 2.50%.

Currency Calculator


Country Israeli Shekel Euro
Israeli Shekel (ILS) 1 ILS = 0.2856 €
3.5015970974591 ILS = 1 €
20 ILS = 5.7117 €
50 ILS = 14.2792 €
100 ILS = 28.5584 €
500 ILS   = 142.792 €
1000 ILS = 285.584 €
Quotes for Currency ILS for the last 7 days
Date EUR → ILS
24.08.2026 3.502
21.08.2026 3.49
20.08.2026 3.499
19.08.2026 3.473
18.08.2026 3.468
17.08.2026 3.438
14.08.2026 3.422

The rates are set on the basis of the regular daily concertation procedure between national central banks, which normally takes place at 2.15 p.m. CET. The exchange rates are for reference only and are published daily when TARGET system is open.

All currencies are quoted against the euro (base currency) - The foreign exchange reference rates are published by the European Central Bank: 24-08-2026