Everything you need to know
Israel Currency
Travelling to or living in Israel? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.
Use the TransferGo card in Israel
The TransferGo card helps you spend smarter in Israel. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.


What is the currency in Israel?
The official currency of Israel is the Israeli new shekel
The new shekel replaced the old Israeli shekel in 1985 after hyperinflation. It is issued by the Bank of Israel and subdivided into 100 agorot.
ILS, ₪
Banknotes
₪20
₪50
₪100
₪200
Coins
10
50 agorot
₪1
₪2
₪5
₪10
Popular Shekel pairings
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Z
How to spend money in Israel
Cards are widely accepted in cities like Tel Aviv, Jerusalem, and Haifa. Cash is still useful in smaller towns, local markets, and for public transport. Mobile payments are gaining traction. ATMs are readily available in urban centres.
Frequently asked questions
What is the official currency used in Israel?
Israeli new shekel (ILS).
What is the official currency used in Israel?
Symbol: ₪ | Code: ILS
Can I use my home currency in Israel?
Not widely; payments are usually in ILS.
How can I use the TransferGo card in Israel?
Just activate it in the app and start spending — online, in stores, or at ATMs.
Is it better to use cash or card when spending in Israel?
Cards are common in cities; cash is handy in smaller towns and markets.
Are credit or debit cards widely accepted in Israel?
Yes, in urban areas and larger businesses.
Are there ATMs available in Israel, and are there withdrawal limits?
Yes, mostly in cities; limits vary by bank.
Can I use a TransferGo card in Israel?
Yes! You can use your TransferGo card for spending, withdrawing, or managing your money— with fair rates and no hidden fees.




