The main currency in the Holy Land is the New Israeli Shekel (NIS) which equals $0.25 US Dollars. One NIS is 100 Agorot.
Coin denominations are: 10, 50 agorot and 1, 5, 10 NIS.
Paper denominations are: 20, 50, 100, 200 NIS.
US Dollar can be used in East and West Jerusalem.
Jordan Dinar is used in East Jerusalem (1 JD = 6 SH).
There are no restrictions on the amount of foreign currency one can take in or out of the country, nor is one compelled to change any set amount on arrival. Visitors are advised to take dollars, but any other major European currency can also be freely changed at banks and with currency exchange offices.
Major credit cards such as Master Card, Visa, Diners Club and AMEX are accepted. Nearly every establishment takes credit cards. Many bank foyers are equipped with cash dispensing ATMs accepting all of the major international credit cards. Traveller Cheques are also accepted and visitors will have no trouble getting them cashed.
Bearers of Eurocheques can even exchange them at branches of the post office or go to one of the non-commission currency exchange bureaus.