The currency of Israel is the Sheqel (NIS). One NIS is 100 agorot.
The rate of exchange is about $1 = 4.30 - 4.60 NIS (in 2004).
One Euro is about 5.78 NIS (in December 2004).

It's availiable to exchange money in the local Banks, as well in the Banks' exchange.
In the Post Office you can exchange money without commission.