Palestine has no official currency of its own and instead, there are many currency running there. Here is the Israeli New Shekel (ILS) mainly. Apart from this, US Dollar (USD) and Jordanian Dinar (JOD) are also used.

Israeli has an Israeli shekel in the west coast and Gaza strip due to control over Gaza.

Comparing the value of Indian currency to Israeli Shekel, the price of an Israeli Shekel is equal to 25.92 Indian rupees. At the same time, the price of 1 Indian rupee is equal to only 0.3 Israeli Shekel in Israel.

If someone earns the Indian Palestine and gets a salary of 1 lakh Israeli Shekel there, then his price in India is equal to 25 lakh 98 thousand 704 rupees.

Israeli issues the bank of Israel to Shekel. This bank is responsible for issuing banknotes and coins by the government of Israel.

Bank of Israel Israeli also performs the management of New Shekel (NIS).

In addition to Israeli Shekel in Palestine, two more currency run, one of which is US dollar and the other is Jordan’s Dinar. The price of both currency is higher than Indian currency.