What you should know about...
Israeli New Shekels (ILS)
The ILS is the official currency of Israel, with the symbol ₪.
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Israeli New Shekels to US Dollars: Exchange rates today
ILS | USD |
|---|---|
| 1 ILS | 0.31 USD |
| 10 ILS | 3.16 USD |
| 20 ILS | 6.32 USD |
| 50 ILS | 15.81 USD |
| 100 ILS | 31.63 USD |
| 250 ILS | 79.08 USD |
| 300 ILS | 94.90 USD |
| 500 ILS | 158.16 USD |
| 1,000 ILS | 316.33 USD |
| 2,000 ILS | 632.67 USD |
| 5,000 ILS | 1,584.40 USD |
| 10,000 ILS | 3,168.80 USD |
USD | ILS |
|---|---|
| 1 USD | 3.13 ILS |
| 10 USD | 31.37 ILS |
| 20 USD | 62.74 ILS |
| 50 USD | 156.85 ILS |
| 100 USD | 313.71 ILS |
| 250 USD | 784.29 ILS |
| 300 USD | 941.14 ILS |
| 500 USD | 1,568.58 ILS |
| 1,000 USD | 3,139.32 ILS |
| 2,000 USD | 6,285.10 ILS |
| 5,000 USD | 15,712.76 ILS |
| 10,000 USD | 31,431.82 ILS |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Israeli New Shekels
History
The Israeli New Shekels was established as the official currency of Israel in 1986. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Israel and Asia. Check our guide about the evolution of ILS to USD to learn more about their exchange rate history.Characteristics
The Israeli New Shekels is divided into Agora. You'll find Israeli New Shekels banknotes in 20, 50, 100, 200 shekels and coins in 1, 2, 5, 10 shekels; ½, 10 agorot.Monetary policy
The Israeli New Shekels is managed by the Bank of Israel, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Israel.Currency exchange
The value of the Israeli New Shekels is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Israeli New Shekels (ILS)
| Currency name | Israeli New Shekels | |
| Currency code | ILS | |
| Currency symbol | ₪ | |
| Minor unit | Agora | |
| Minor unit symbol | - | |
| Notes frequently used | 20, 50, 100, 200 shekels | |
| Coins frequently used | 1, 2, 5, 10 shekels; ½, 10 agorot | |
| Central bank | Bank of Israel | |
| Users | Israel |


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