The currency in Israel is the New Israeli Shekel (NIS). Each shekel is divided into 100 ‘agurot’ (singular ‘agura’). NIS bills are in denominations of 200, 100, 50 and 20 shekels. Coins are in denominations of 1, 2, 5 and 10 shekels, and 50 and 10 agurot. One may bring an unlimited amount of local and foreign currency into Israel in cash, travelers’ checks, letters of credit and State of Israel Bonds. Foreign currency may be exchanged at any bank and at many hotels.
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