Israeli New Shekel

Imagine you're buying a yummy treat in Israel. You'd use their special money called the Israeli new shekel! It's like the dollars in America or the euros in Europe. This money is used every day by people in Israel for everything they buy. It's a super important part of how their country works!

The 'new' shekel wasn't always around! It started on January 1, 1986. Before that, they had an 'old' shekel. But the old money had a big problem: its value kept shrinking super fast! So, they replaced it with the new shekel, and it took 1,000 old shekels to equal just 1 new shekel. That's like trading 1,000 tiny LEGO bricks for one big, strong one!

Look closely at Israeli money, and you might see a cool symbol: ₪. This isn't just a random squiggle! It's made from the first letters of the Hebrew words for 'shekel' and 'new'. It's like a secret code for their money! When people can't use the symbol, they might write NIS instead, which is like a nickname for the shekel.

Just like other money, the new shekel has different parts. It's divided into smaller pieces called 'agorot'. You need 100 agorot to make one whole new shekel. So, if you have 100 tiny agorot coins, you can trade them for one shiny new shekel coin or bill. It’s all about counting and making sure everyone has the right amount!