new sheqel

Noun.  The official designation of the Israeli currency since 1 January 1986 (in order to distinguish it from the abolished 1980-1985 sheqel). Divided into 100 agorot and represented by . In English, also represented by the initialism NIS (for "New Israeli Sheqel"). ISO 4217 code: ILS.

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This entry was last updated on RefTopia from its source on 3/20/2012.