In Capernaum, a historical town located on the shores of the Sea of Galilee in Israel, the currency used is the Israeli New Shekel (ILS). The New Shekel has been Israel’s official currency since 1985, replacing the old Shekel. As of 2023, one New Shekel is subdivided into 100 agorot. For visitors, it is essential to be aware that while cash is accepted, credit cards are widely used and often preferred in many establishments. Foreign currencies can sometimes be exchanged at local banks or exchange offices, although having Israeli Shekels will provide the most flexibility when exploring local markets, dining, or engaging with businesses. Understanding the currency will enhance your experience in this historically rich region.
Introduction to Capernaum and Its Currency
Capernaum, once a bustling fishing village and a center for Jesus’ ministry, now is an essential location for religious pilgrimage and tourism. Nestled in Israel, it draws many visitors annually, bringing with them various economic activities. Understanding the currency used here— the Israeli New Shekel— is vital for any traveler wishing to immerse themselves in this unique destination.
The Israeli New Shekel: Overview
The Israeli dollar, known as the Israeli New Shekel, has its roots in numerous historical currencies. It is denoted by the symbol ₪ and its ISO code is ILS. Each Shekel is divided into 100 agorot. The currency symbolizes both Israel’s modern economic landscape and its ancient roots. The Bank of Israel is responsible for issuing and regulating the currency, maintaining economic stability in the country.
How to Obtain Israeli New Shekels
Currency Exchange
If you’re planning to visit Capernaum, you can acquire New Shekels in several ways:
- Currency Exchange Bureaus: These are available in airports and throughout major cities. They often offer competitive rates compared to banks.
- Banks: Local banks have currency exchange services, but may charge a fee for exchanging foreign currencies.
- ATMs: Cash withdrawal from ATMs is a convenient option, with many machines available in Capernaum and nearby areas. Be mindful of the withdrawal fees your bank may charge.
- Credit and Debit Cards: Major credit cards are widely accepted in most establishments in Capernaum, especially in hotels, restaurants, and tourist attractions.
Understanding Prices and Costs in Capernaum
When visiting Capernaum, understanding the local pricing can help in budgeting your trip. Here are some average costs you might encounter:
- Accommodation: Prices vary depending on the season and type of lodging. Expect to pay between 300 to 800 ILS per night for a hotel.
- Meals: A standard meal at a mid-range restaurant can cost around 80 to 150 ILS.
- Transportation: Local buses and taxis are options; buses cost around 10 to 20 ILS, while taxi fares depend on the distance.
Local Payment Practices
In Capernaum, transactions are often conducted in cash, but modern commerce is increasingly relying on electronic payments via credit cards. It’s advisable to carry some cash for smaller purchases, particularly in local markets or smaller family-run businesses.
FAQs about Currency in Capernaum
1. Can I use US Dollars in Capernaum?
While some places may accept US dollars, it is best to use Israeli New Shekels for most transactions to avoid unfavorable exchange rates.
2. Where can I exchange money in Capernaum?
You can exchange money at banks, currency exchange bureaus, and some hotels in Capernaum. ATMs also offer a convenient way to withdraw local currency directly.
3. Is tipping customary in Capernaum?
Yes, tipping is customary, typically around 10-15% of the bill in restaurants. For services like taxis, rounding up the fare is appreciated.
4. Are there any restrictions on currency exchange?
Generally, there are no significant restrictions for tourists exchanging foreign currency, but it’s advisable to check current regulations and limits.
5. What is the best way to manage my money while traveling in Capernaum?
It’s wise to carry a mix of cash and cards. Use ATMs for larger withdrawals while keeping smaller bills handy for local markets and smaller establishments.
Conclusion: Navigating Capernaum with Confidence
Understanding the currency used in Capernaum enhances your travel experience by enabling smooth transactions and interactions with locals. By familiarizing yourself with the Israeli New Shekel, available payment methods, and local customs, you can navigate this historical town with ease and comfort. Capernaum offers rich cultural and historical significance, making your visit not only enjoyable but also memorable when you’re equipped with the right knowledge.
