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Israeli new shekel
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{{Short description|Currency of Israel}} {{Redirect|Israeli shekel|the currency of Israel between 1980 and 1985|Old Israeli shekel|the currency of Israel between 1952 and 1980|Israeli pound|ancient currencies and units of weight|Shekel}} {{Pp-extended|small=yes}} {{Use dmy dates|date=April 2017}} {{Infobox currency | name = New Israeli shekel | local_name = | local_name1 = שקל חדש | local_name_lang1 = he | local_name2 = شيكل جديد | local_name_lang2 = ar | name_abbr = NIS | image_1 = File:השטרות החדשים של ישראל.jpg | image_title_1 = New shekel banknotes (Current Series C) | iso_code = ILS | unit = shekel | plural = {{plainlist| *shekels *sheqalim}} | subunit_name_1 = [[Israeli agora|agora]] | symbol = [[Shekel sign|₪]] | used_banknotes = [[20 new shekel banknote|₪20]], [[50 new shekel banknote|₪50]], [[100 new shekel banknote|₪100]], [[200 new shekel banknote|₪200]] | used_coins = 10 agorot, ₪{{frac|2}}, ₪1, ₪2, ₪5, ₪10 | subunit_ratio_1 = {{Frac|100}} | plural_subunit_1 = {{plain list| *agoras *agorot}} | date_of_introduction = 1 January 1986 | using_countries = {{Flag|Israel}} | unofficial_users = {{Flag|Palestinian Authority}}<ref>The State of Palestine lacks an official legal tender. According to Article 4 of the 1994 Paris Protocol, [http://www.mfa.gov.il/MFA/Peace+Process/Guide+to+the+Peace+Process/Gaza-Jericho+Agreement+Annex+IV+-+Economic+Protoco.htm the Protocol allows the Palestinian Authority to adopt additional currencies]. In the [[West Bank]] the [[Jordanian dinar]] is widely accepted and in the [[Gaza Strip]] the [[Egyptian pound]] is often used.</ref> | issuing_authority = [[Bank of Israel]] | issuing_authority_website = {{URL|https://boi.org.il/}} | printer = [[Orell Füssli]]<ref name="fussli1">{{Cite web |url=https://www.20min.ch/finance/news/story/Israel-laesst-in-Zuerich-Geld-drucken-25053913 |title=Israel lässt in Zürich Geld drucken |publisher=20 Minuten|date=27 April 2011}}</ref> | mint = [[Korea Minting and Security Printing Corporation|KOMSCO]]<ref name="komsco1">{{cite web |url=https://www.voanews.com/east-asia/s-korea-makes-money-making-money |archive-url=https://web.archive.org/web/20200325140251/https://www.voanews.com/east-asia/s-korea-makes-money-making-money |url-status=dead |archive-date=25 March 2020 |title=S. Korea Makes Money by Making Money |date=2012-07-17 |publisher=Voice of America News |access-date=2020-03-13}}</ref> | inflation_rate = {{decreasepositive}}−0.59% (2020) <br>{{increasenegative}}0.35% (2021 est.) | inflation_source_date = [[Bank of Israel]], [[Statista]], April 2021 | replaced_currency = [[Old Israeli shekel]] }} The '''new Israeli shekel''' ({{langx|he|שֶׁקֶל חָדָשׁ|sheqel ẖadash}}, {{IPA|he|ˈʃekel χaˈdaʃ|pron|Shekel Hadash.ogg}}; {{langx|ar|شيكل جديد|šēkal jadīd}}; [[currency symbol|sign]]: '''[[Shekel sign|₪]]'''; [[ISO 4217|ISO code]]: '''ILS'''; unofficial abbreviation: '''NIS'''), also known as simply the '''Israeli shekel''' ({{langx|he|שקל ישראלי|sheqel yisreʾeli|links=no}}; {{langx|ar|شيكل إسرائيلي|šēkal ʾisrāʾīlī|links=no}}), is the [[currency]] of [[Israel]] and is also used as a [[legal tender]] in the [[Palestinian territories]] of the [[West Bank]] and the [[Gaza Strip]]. The new shekel is divided into 100 [[Israeli agora|agorot]]. The new shekel has been in use since 1 January 1986, when it replaced the [[hyperinflation|hyperinflated]] [[Old Israeli shekel|old shekel]] at a ratio of 1000:1. The [[currency sign]] for the new shekel {{angle brackets| {{lang|he|[[₪]]}} }} is a combination of the first [[Hebrew letters]] of the words ''shekel'' ({{Script/Hebrew|[[ש]]}}) and ''ẖadash'' ({{Script/Hebrew|[[ח]]}}) (new). When the shekel sign is unavailable the abbreviation ''NIS'' ({{lang|he|'''ש״ח'''|rtl=yes}} and {{lang|ar|'''ش.ج'''|rtl=yes}}) is used.
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