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ILS (Israeli New Shequel)

What is 'ILS'

The currency abbreviation or currency symbol for the Israeli New Sheqel (ILS), the currency for Israel. The New Sheqel is made up of 100 agorot, and is often presented with the symbol __. This symbol represents a combination of the first letters in Hebrew of the words "sheqel" and "hadash". The currency itself is actually produced by a South Korean company, as there is no mint in Israel.

Explaining 'ILS'

The New Sheqel was first seen in 1986 when it replaced the original sheqel currency at a ratio of 1000 to 1. It became a freely convertible currency in 2003 and began trading derivatives in 2006. The currency became fully convertible in 2008.


Further Reading


Expectations for peace in Israel and the value of the Israeli shekel, 1999–2008
www.tandfonline.com [PDF]
… For example, if the dependent variable is the USD/ILS exchange rate at the end of September … See articles by John Kifner, “Cabinet in Israel Endorses Seizure of the West Bank,” The New … Data on attacks from Israeli army is reported in an article by James Bennet, “Israelis Say …

The disease outbreak channel of exchange rate return predictability: Evidence from COVID-19The disease outbreak channel of exchange rate return predictability: Evidence from COVID-19
www.tandfonline.com [PDF]
… For example, if the dependent variable is the USD/ILS exchange rate at the end of September … See articles by John Kifner, “Cabinet in Israel Endorses Seizure of the West Bank,” The New … Data on attacks from Israeli army is reported in an article by James Bennet, “Israelis Say …

The Symptoms of Illness: Does Israel Suffer from “Dutch Disease”?The Symptoms of Illness: Does Israel Suffer from “Dutch Disease”?
www.mdpi.com [PDF]
… For example, if the dependent variable is the USD/ILS exchange rate at the end of September … See articles by John Kifner, “Cabinet in Israel Endorses Seizure of the West Bank,” The New … Data on attacks from Israeli army is reported in an article by James Bennet, “Israelis Say …

Performing neoliberal governmentality: an ethnography of financialized sovereign debt management practicesPerforming neoliberal governmentality: an ethnography of financialized sovereign debt management practices
academic.oup.com [PDF]
… For example, if the dependent variable is the USD/ILS exchange rate at the end of September … See articles by John Kifner, “Cabinet in Israel Endorses Seizure of the West Bank,” The New … Data on attacks from Israeli army is reported in an article by James Bennet, “Israelis Say …

Postgraduate medical training and migration in Europe: a survey of financial and labour conditionsPostgraduate medical training and migration in Europe: a survey of financial and labour conditions
link.springer.com [PDF]
… For example, if the dependent variable is the USD/ILS exchange rate at the end of September … See articles by John Kifner, “Cabinet in Israel Endorses Seizure of the West Bank,” The New … Data on attacks from Israeli army is reported in an article by James Bennet, “Israelis Say …

Globalisation and its effects on monetary policy: the case of IsraelGlobalisation and its effects on monetary policy: the case of Israel
papers.ssrn.com [PDF]
… For example, if the dependent variable is the USD/ILS exchange rate at the end of September … See articles by John Kifner, “Cabinet in Israel Endorses Seizure of the West Bank,” The New … Data on attacks from Israeli army is reported in an article by James Bennet, “Israelis Say …

Policies for operating enforcement camerasPolicies for operating enforcement cameras
www.tandfonline.com [PDF]
… For example, if the dependent variable is the USD/ILS exchange rate at the end of September … See articles by John Kifner, “Cabinet in Israel Endorses Seizure of the West Bank,” The New … Data on attacks from Israeli army is reported in an article by James Bennet, “Israelis Say …


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