Shekel coin

The shekel is an ancient and modern unit of currency used primarily in Israel. Historically, it was a silver coin used in the ancient Near East, serving as a standard for trade and taxation. Today, the Israeli new shekel (ILS) is the official currency of Israel, divided into 100 smaller units called agorot. It functions as the country's nationally recognized tender, facilitating daily transactions, savings, and financial exchanges. The shekel's value fluctuates based on economic conditions, and it remains a symbol of Israel’s financial identity and sovereignty.