Currency PDF Print E-mail

In Palestine, three currencies are in use, each one for different purposes. For daily shopping, the New Israeli Shekel (NIS) is used. 1 USD corresponds to around 3.80 - 4 NIS, 1 Euro to around 5 to 5.5 NIS. In hotels and souvenir shops, it is also common to pay in US Dollars. Salaries are often paid in USD. University fees and land purchases are being paid in Jordanian Dinars (JOD), the third currency which is widely used in Palestine.
US dollars are the easiest to change; you can exchange US money for New Israel Shekels (NIS) at money chargers with almost no commission. Most other hard currencies as well as traveller cheques are also widely accepted. Money changers take about 3% commission on traveller cheques. It's advisable to change money in exchange offices, not on the street.
There are many money changers in Palestine. Credit cards are not accepted at most shops, but ATMs are widely available. Several of them can be found in Bethlehem and Beit Sahour. Just make sure that your Credit Card Company allows you to use their credit card in the Palestinian Territories

Taxi Bethlehem – Beit Sahour (around 1.5km): 15 NIS
Average meal in restaurant: 35 – 50 NIS
Shawarma (local Arabic lamb or chicken sandwich): 12 NIS
1.5L water: 3-6 NIS
Bottle of beer: 10-15 NIS