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The Israeli new shekel ( '; ; sign: ₪; code: ILS), also known as simply the Israeli shekel (, ), 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 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1.
Israeli shekel