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Country Guide > Middle East > Israel | |
Currency New Shekel (IS) = 100 agorot (singular, agora). Notes are in denominations of IS200, 100, 50, and 20. Coins are in denominations of IS10, 5 and 1, and 50 and 10 agorot. Currency exchange Foreign currency can only be exchanged at authorised banks, hotels and bureaux de change. It is advisable to leave Israel with the minimum of Israeli currency. Payment in foreign currency exempts tourists from VAT on certain purchases and services. A maximum of US$500 worth of new shekels can be reconverted to foreign currency by travellers leaving Israel. Credit & debit cards All major credit cards are accepted. Travellers cheques These are widely accepted. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars. Currency restrictions There are no restrictions on the import of local or foreign currency. Travellers planning to export local currency should apply to a local bank before departure from Israel. The export of foreign currency is limited to the amount imported. Exchange rate indicators The following figures are included as a guide to the movements of the New Israel Shekel against Sterling and the US Dollar:
Banking hours Sun-Fri 0830-1200 and Sun, Tues, Thurs 1600-1800. |