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The Israeli New Sheqel (ILS) is the official currency of Israel, introduced in 1985 to replace the old Sheqel. It is subdivided into 100 agorot and is used for all monetary transactions within the country, playing a critical role in the Israeli economy and international trade.
The New Taiwan Dollar (TWD) is the official currency of Taiwan, serving as a medium of exchange for goods and services within the island nation. It is issued by the Central Bank of the Republic of China (Taiwan) and is subdivided into smaller units called cents, with one dollar equal to 100 cents.