How easy is it to exchange US dollars to shekels in Israel?

How easy is it to exchange US dollars to shekels in Israel? - Pile of American paper money on black surface

In past years, it was easy to exchange US dollars for shekels in Jerusalem. Many small retail stores did money changing on the side. Is that still true? How much better is the unofficial exchange rate than the official exchange rate? Are the exchange options basically the same in Tel Aviv?



Best Answer

In jerusalem the exchange rate will be better in areas that have a large number of ex-pats resideing there..Meah Shearim,Romema,Geula areas as opposed to tourist areas




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Should I exchange money before I travel to Israel?

You can order shekels from your bank here before you leave, but it is easier to exchange in Israel. Avoid changing too much money in the airport; exchange rates are bad there. However, you may want to change ~$50 to shekels for transportation to where you are staying.

Where can I exchange USD for shekels?

Shekels are abbreviated as either ILS, or more commonly NIS (which stands for New Israeli Shekel). Shekels are the best currency to use while in Israel....If you brought cash with you and want to exchange it for shekels, you have 3 options: Exchange at:
  • a bank.
  • the post office.
  • or a licenced currency exchange shop.


Can I use American dollars in Israel?

The currency in Israel is Israeli Shekels and that is the legal tender. Just like when visiting any other foreign country you use their currency, thus is in Israel. The only time US$ can conveniently be used is gor car rental and hotels.

Where to exchange foreign currency in Israel?

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.



USA Dollar to Israel New Shekels | Dollar Rate in Israel Shekels | Israel Currency | Shekels




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