new shekel

English

Alternative forms

• new sheqel

Etymology

A calque of Hebrew שֶׁקֶל חָדָשׁ (shékel chadásh).

Noun

new shekel (plural new shekels or new shekalim)

1. The Israeli currency since 1 January 1986 (distinguished from the abolished 1980-1985 shekel). Divided into 100 agorot and represented by ₪. In English, also represented by the initialism NIS (for "New Israeli Shekel"). ISO 4217 code: ILS.