BizTerm Definition
Israel
Full Definition

The CURRENCY of the country is the Shekel. The corresponding SWIFT code is ILS. Israel uses the Jewish calendar: Jewish Months Days Tishri 30 Cheshvan 29 or 30 Kislev 29 or 30 Tebet 29 Shebat 30 Adar 29 Nisan 30 Iyyar 29 Sivan 30 Tammuz 29 Ab 30 Elul 29 Note: The date of the new year varies, but normally falls in the second half of September in the Gregorian calendar; the general calendar position is maintained by adding, in some years, an extra period of 29 days, Adar Sheni, following the month of Adar


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