What Currency Does Palestine Use?
Facts last checked 9 October 2026.
Exchange rate (approximate):
1 USD ≈ 3.0145 ILS
1 GBP ≈ 4.0412 ILS
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
ILS converter
100 ILS ≈ 33.17 USD
Israeli new shekel conversion table
| Amount | USD → ILS | GBP → ILS | EUR → ILS |
|---|---|---|---|
| 1 | 3.0145 | 4.0412 | 3.4432 |
| 5 | 15.07 | 20.21 | 17.22 |
| 10 | 30.14 | 40.41 | 34.43 |
| 20 | 60.29 | 80.82 | 68.86 |
| 50 | 150.72 | 202.06 | 172.16 |
| 100 | 301.45 | 404.12 | 344.32 |
| 500 | 1,507 | 2,021 | 1,722 |
| 1,000 | 3,014 | 4,041 | 3,443 |
| ILS | → USD | → GBP | → EUR |
|---|---|---|---|
| 1 | 0.3317 | 0.2475 | 0.2904 |
| 5 | 1.6586 | 1.2373 | 1.4521 |
| 10 | 3.3173 | 2.4745 | 2.9043 |
| 20 | 6.6346 | 4.949 | 5.8086 |
| 50 | 16.59 | 12.37 | 14.52 |
| 100 | 33.17 | 24.75 | 29.04 |
| 500 | 165.86 | 123.73 | 145.21 |
| 1,000 | 331.73 | 247.45 | 290.43 |
Indicative rates (July 2026). Banks and card providers add their own margin and fees, so the amount you actually receive will differ slightly.
Against the US dollar, 1 ILS is worth about 0.3317 USD. Of the 141 currencies covered on this site, the Israeli new shekel ranks 26th by value per unit (1st = the most US dollars per unit). A high or low number says nothing about economic strength — it simply reflects how the currency is denominated.
Travel Money Card
Travelling to Palestine? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on Israeli new shekel spending.
What is money called in Palestine?
Money in Palestine is called the Israeli new shekel — its ISO 4217 currency code is ILS, and its symbol is ₪. The Israeli new shekel is the official legal tender in Palestine and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Palestine currency or simply money in Palestine. The Israeli new shekel is subdivided into 100 agorot, though small-denomination coins may not always be in everyday circulation.
Is the Israeli new shekel used anywhere else?
Yes — Israeli new shekel (ILS) is also used in Israel.
Practical money tips for Palestine
Card payments are widely accepted in most cities, but it's still worth carrying some Israeli new shekel in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
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Money essentials for Palestine
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Palestine in context
- Palestine covers 6,220 km², making it the 164th largest of the 196 countries on this site.
- It shares a land border with 3 countries: Israel, Egypt, Jordan.
- With 5,483,450 people, Palestine holds about 1.8% of the population of Western Asia.
- Traffic drives on the right, and calendars start the week on Sunday.
- Palestine is not a United Nations member state.
Palestine currency — FAQ
What is the currency of Palestine?
The currency of Palestine is the Israeli new shekel (currency code: ILS, symbol: ₪).
What is the currency code for Palestine?
The ISO 4217 currency code for the Israeli new shekel is ILS.
What is the Israeli new shekel symbol?
The symbol for the Israeli new shekel is ₪. You will see this on price tags and receipts throughout Palestine.
What currency is used in Palestine?
The official currency used in Palestine is the Israeli new shekel (ILS).
Can I use US dollars in Palestine?
The official currency of Palestine is the Israeli new shekel, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in Israeli new shekel and should exchange money before or on arrival.
What is the exchange rate for Palestine?
As of July 2026, approximately 1 USD = 3.0145 ILS and 1 GBP = 4.0412 ILS. Rates change daily — always check a live source before travelling or sending money.
Is the Israeli new shekel the only currency used in Palestine?
The Israeli new shekel (ILS) is the main currency in daily use. The Jordanian dinar is also widely used in the West Bank, and the Egyptian pound circulates in Gaza.
What is money called in Palestine?
Money in Palestine is called the Israeli new shekel (ILS).
Do other countries use the Israeli new shekel?
Yes — Israeli new shekel (ILS) is also used in Israel.
What is the Palestinian currency?
The Palestinian currency is the Israeli new shekel (ILS), the official money of Palestine.
What is the currency of the State of Palestine?
The State of Palestine is the formal name of Palestine. Its currency is the Israeli new shekel (ILS).
How much is 100 ILS in US dollars?
At the July 2026 indicative rate, 100 ILS is about 33.17 USD or 24.75 GBP. Use the converter above for other amounts.
How much is 100 US dollars in Israeli new shekel?
At the July 2026 indicative rate, 100 USD is about 301.45 ILS.
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