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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, 1 and half and 50 and 10, 5 and 1 agorot.
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Foreign currency can only be exchanged at authorised 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.
A maximum of US$500 worth of new shekels can be reconverted to foreign currency by travellers leaving Israel.
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