The currency used in Israel is called as the Shekel. This currency is denoted with the currency sign ? and the ISO 4217 Code for the Israeli Shekel is ILS.
The Shekel, is the official currency of the Israel . It is divided into 100 smaller units called agora.
The constitution of Israel provides that the Israel government shall have the power to print the Israeli Shekel and agora coins to be used as a legal tender in Israel.
The Israeli Shekel bank notes and Agora coins are both designated as "legal tender" in payment of debts.
The Israeli Shekel bill uses the decimal system, consisting of 100 equal units.
The symbol ?
, usually written before the numerical amount, is used for the Israeli Shekel.
Currently printed bank notes denominations are 20, 50, 100, 200 new shekalim
and the coins are minted in the denominations of 10 agorot, ½, 1, 2, 5, 10 new shekalim .