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The new shekel is divided into 100 agorot. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ₪ is a combination of the first Hebrew letters of the words shekel (ש ) and ẖadash (ח ) (new).
Obverse, reverse and side view of an Israeli five New Shekel coin (minted 2012). Hebrew מבט קדמי, אחורי וצידי על מטבע חמישה שקלים חדשים ישראלי (הוטבע 2012).
The image above depicts a unit of currency issued by the Bank of Israel. This design is copyrighted by the Bank of Israel, and its use is permitted by the bank under certain limitations: It is forbidden to print a two-sided reproduction of a banknote (i.e. in a way that makes the reproduction look like a genuine banknote).
The commemorative coins issued by the Bank of Israel are struck in gold and silver. The 1 New Shekel and 2 New Shekel Coins are struck in silver, while the 5, 10 and 20 New Shekels (and small size 1 New Shekel) are struck in gold. In 2010, the Bank of Israel issued the first Israeli Bullion Coin in a Series entitled "Jerusalem of Gold".
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The image above depicts a unit of currency issued by the Bank of Israel. This design is copyrighted by the Bank of Israel, and its use is permitted by the bank under certain limitations: It is forbidden to print a two-sided reproduction of a banknote (i.e. in a way that makes the reproduction look like a genuine banknote).
The image above depicts a unit of currency issued by the Bank of Israel. This design is copyrighted by the Bank of Israel, and its use is permitted by the bank under certain limitations: It is forbidden to print a two-sided reproduction of a banknote (i.e. in a way that makes the reproduction look like a genuine banknote).
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