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The New Israeli Shekel / Sheqel – abbreviated as NIS is Israel’s currency.

Shekels notes consist of 20, 50, 100 & 200. Please bear in mind that the 200 Shekels notes are not easily traded, so it is advisable to avoid receiving themwhen exchanging money.

When exchanging money at a bank, you will be charged a fixed exchange fee. If you try and exchange your money on a Sunday then the prices are extremely high to do so.

There are many ATMs around Israel that are all connected to European and American banking systems. You will be charged by your credit card provider for the service and alsoan ATM fee.

Travellers cheques are accepted by very few businesses butthe majority of them do not.

By far exchange places are always cheaper than the banks and ATMs, if however you do choose to exchange money this way, be sure to shop around for the best deal.

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