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Money and Currency

The currency is the New Israel Shekel (NIS) or shekel for short. There are 100 agorot (agora in singular) in each shekel. Bank notes are in denominations of NIS 20, 50, 100, and 200; coins are in denominations of NIS10, NIS5, NIS2, NIS1 and 50, 10 and 5 agorot. In addition, US Dollors & Euro currency can be used in many touristic places.

Money
Unlimited sums of local and foreign money may be brought into country as cash, travelers’ checks, credit cards. Foreign currency of all kinds may be exchanged at the airport, banks, post offices, most hotels or licensed exchange agencies in large cities. A passport is required when exchanging travelers’ checks. The rates vary from place to place, and banks charge a commission. It is recommended, though not obligatory, to carry a small amount of US dollars, since certain tourist sites, especially in the Old City of Jerusalem, take payment in dollars.

Cash Withdrawal
Holders of international credit cards can withdraw local or foreign currency at banks which accept their credit cards. There are Automated Teller Machines outside most banks.

Tips
It is customary to tip primarily in restaurants. When the bill does not include service, a 12% tip should be added to the payment. In hotels, one tips the bellhop or any other service provider. Taxi drivers are generally not tipped.

(Tourist Information): Reference is the Israeli Ministry of Tourism website

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