The State of Israel’s currency is the New Israel Sheqel (NIS) or sheqel for short (pluralized as sheqalim in Hebrew or sheqels in English). There are 100 agorot (agora in singular) in each sheqel. Bank notes are in denominations of 20 NIS, 50 NIS, 100 NIS, and 200 NIS; coins are in denominations of 10 NIS, 5 NIS, 2 NIS, 1 NIS, and 50 and 10 agorot.
Foreign currency of all kinds may be exchanged at the airport, banks, post offices, most hotels or licensed exchange agencies in large cities. A passport is required when exchanging travelers’ checks. The rates vary from place to place, and banks charge a commission. It is recommended to carry a small amount of US dollars, since certain tourist sites, especially in the Old City of Jerusalem, take payment in dollars. More Information is available here.
Holders of international credit cards can withdraw local or foreign currency at banks which accept their credit cards. There are Automated Teller Machines outside most banks.
the narrow, stone-flagged alleyways, children go to school, libraries jostle with restaurants.