Countries that use the Israeli ShekelThe Israeli Shekel was established in 1985 as an official national currency and is used only in Israel and in Palestine. 1 Schekel is devided into 100 Agorot.
List of all currencies
1.00 Israeli Shekel = 0.32 US Dollar
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Exchange rate history 10 ILS in USDThe graph shown here shows the exchange rate development from January 2015 to December 2021. The exchange rate for 10 ILS developed during this time from USD 2.58 to USD 3.17. In these 84 months it rose by 22.7%.
US Dollar as currency
|British Virgin Islands||Caribbean|
|El Salvador||Central America|
|East Timor||Southeast Asia|
|Federated States of Micronesia||Micronesia|
|Northern Mariana Islands||Micronesia|
|Turks and Caicos Islands||Caribbean|
|United States||North America|
|British Indian Ocean Territory||Eastern Africa|
|Bonaire, Saint Eustatius and Saba||Caribbean|
Currency reserves for the Israeli ShekelAccording to the International Monetary Fund, the total broad money (M3) amounted to ILS 1,220.75 billion at the end of 2019 (data only for Israel). For currency hedging, reserves were held in a total amount of 449.16 billion Shekels. This corresponds to a ratio of 1:2.7. Or in other words: 10 of 27 Shekels are deposited with a countervalue, which is internationally already above average.
All currency reserves are only held as foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions. There are no governmental gold stocks.
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