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Date for today: Friday 18th of May 2012 05:21:22 AM
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Enter the unit of currency for which you are interested and click next table. If you enter 1 Israeli Sheqel for example, you will receive its equivalent in Dollars, Euros, Dinars, Liras, Levs, Rubles etc. You can enter any arbitrary amount of currencies below. Rates are updated daily and accuracy is provide by Google gadgets.

The Israeli New shekel (code: ILS) (also spelled sheqel; pl. shekalim pronounced shkalim) is the currency of Israel. The shekel is divided into 100 agorot. Denominations made in this currency are marked with the shekel sign. To compare the price of Israeli New shekel to other currencies you can use the following currency converter.

Israeli Sheqel
Israeli Sheqel


Banknotes of Israeli Sheqel

In September 1985, banknotes were introduced in denominations of 1, 5, 10, 20 and 50 new shekalim. The 1, 5 and 10 new shekel notes used the same basic designs as the earlier 1,000, 5,000 and 10,000 old shekel notes but with the denominations altered.


In 1986, 100 new shekel notes were introduced, followed by 200 new shekel notes in 1991. The 1, 5 and 10 new shekel notes were later replaced by coins. A plan to issue a 500 shekel banknote, carrying the portrait of Yitzhak Rabin, was announced shortly after Rabin's assassination in 1995. However, due to low inflation rates, there was no need for such a banknote, and it was never issued.

However, in February 2008 the Bank of Israel announced that the planning of an entirely new series of banknotes has started, and that the new series, to be issued in 2010, will most probably include a 500 shekel banknote as well.[citation needed] The design of the new banknotes has not yet been determined, but if the 20 new shekel polymer banknote of the current series, introduced in April 2008, is successful, the new series will almost certainly consist of polymer notes only.

Possible designs under review are: non-political famous personalities, such as Teddy Kollek (the legendary mayor of Jerusalem), Rabbi Shlomo Goren (IDF chief chaplain during the 1967 Six-Day War, famous for his shofar blowing on Jerusalem's Temple Mount minutes after its conquest by Israeli forces), Ilan Ramon (Israel's first astronaut who perished on the Columbia in 2003), Naomi Shemer (known as "First Lady of Israeli Song"). Other possible designs may include landscapes, flora and fauna of Israel.

 

 


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