Zimbabwe Dollar

Countries that use the Shekel

The 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.

ISO 4127:

1.00 Shekel = 0.28 US Dollar
(date: 06/24/2018)


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Reverse currencies

Exchange rate history 10 ILS in USD

Shekel as currency

IsraelWestern Asia
PalestineWestern Asia

Currency reserves for the Shekel

According to the International Monetary Fund, the total broad money (M3) amounted to ILS 1,101.16 billion at the end of 2016 (data sums up for all 2 countries). For currency hedging, reserves were held in a total amount of 386.64 billion Shekels. This corresponds to a ratio of 1:2.8. Or in other words: 1 of 3 Shekels is 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.

Worldwide currency and gold reserves

US Dollar as currency

American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
East TimorSoutheast Asia
Marshall IslandsMicronesia
Micronesia, Federated States ofMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United StatesNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Bonaire, Saint Eustatius and SabaCaribbean