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 Currency
New Shekel (ILS) = 100 agorot (singular, agora). Notes are in
denominations of ILS200, 100, 50, and 20. Coins are in denominations
of ILS100, 50, 10, 5 and 1, and 50 and 10 agorot.
Currency Exchange
Foreign currency can only be exchanged at authorized banks, hotels and
change shops. Change shops found in most cities charge no commission
and equal the bank exchange rates. 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, and is
sometimes preferred by shop keepers.
Credit/Debit Cards and ATMs
All major credit cards are accepted. ATMs are widely available.
Traveller's Cheques
These are widely accepted. To avoid additional exchange rate charges,
travelers are advised to take the traveller’s cheques in US Dollars.
Banking Hours
Sun-Fri 0830-1200 and Sun, Tues,
Thurs 1600-1800 |
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Sun-Fri 0800-1900; some shops
close 1300-1600 and some early on Friday. Remember that Jewish-run
stores close for Shabbat from Friday afternoon to Saturday evening,
while Arabic stores close Friday. It takes a while to realise that
Sunday is a normal working day unlike in Christian countries. For
shoppers, Jewish stores are therefore open Friday, Arab markets
Saturday and both are open Sunday when Christian stores close. Shops
in hotels are often open until midnight. |
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