The New Shekel or Israeli Shekel is the official currency ( money ) of the State of Israel . The shekel is the name of money used in ancient times in the Bible and in places like the Land of Israel .

People usually call the money simply "the shekel." The plural of shekel is shkalim . Shkalim are divided into 100 agorot .

The shekel has its own special symbol: ?. This comes from joining the first two letters of the words in Hebrew for New Shekel (?"?). In English, shekel can be written as NIS (standing for 'New Israeli Shekel').

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