The official currency used in the West Bank is the “New Israeli Shekel” (NIS). To check the most current exchange rates, you can visit http://www.xe.com/currencyconverter/.
Typically, you’ll find an exchange rate of approximately 3.5 to 4 NIS to the U.S. dollar. Local banks operate from 8:00 A.M. to 3:00 P.M., and some of the major banks in the area include the Arab Bank, the Bank of Palestine, the Cairo Amman Bank, and the Bank of Jordan. It’s essential to note that most of these banks primarily dispense Jordanian dinars, which will then need to be exchanged into shekels at currency exchange shops.
Given that many stores do not accept credit cards, the most convenient way to manage your daily expenses is by using an ATM card to withdraw shekels from ATMs. These ATMs operate 24 hours a day and are readily available throughout the city.
Furthermore, there is a Western Union office conveniently located within a short walking distance from the Excellence Center. However, if you decide to explore alternative financial methods, it’s crucial to ensure you carry enough cash to cover your expenses for the entire duration of your trip.