The official currency in both Israel and the Palestinian territories is the New Israeli Shekel (NIS). It is very easy to exchange money (Euros or US Dollars) anywhere in Israel, or to withdraw cash with a debit or credit card, as the banks have numerous branches. In the Palestinian territories, this withdrawing money is not always just as easy. In the urban centers, however, it will not be a problem. Moreover, you can withdraw cash in Israel and then take it with you. We recommend to take a part of the money in cash, and take a debit or credit card with you as well. Withdrawal fees might vary according to the regulations of your home bank.