What kind of money does Israel use?

Israel uses the New Israeli Shekel (NIS), also known as the Shekel, as its currency. The NIS has been the currency of Israel since 1985, replacing the old Israeli Shekel. The NIS is divided into 100 agorot, which means "penny" in Hebrew. Coins in Israel include the 5, 10, and 50 agorot, as well as 1, 2, 5, and 10 NIS. Banknotes include denominations of 20, 50, 100, and 200 NIS. The NIS is also abbreviated as ₪, which combines the first letter of the currency name in Hebrew (Shekel) and the first letter of the currency name in English (New). The NIS is used throughout Israel, including the West Bank and the Gaza Strip.