Every day, millions of transactions take place around the world. However, each transaction does not only affect the two people or companies exchanging goods. Taken together, these transactions constitute the world economy, the fluctuations of the world economy, and the currency used in the world economy. The United States dollar is one of the safest and most secured currencies in the world, and for this reason, the US economy is often considered a model for other nations. There was no exception when the new Israeli government sought to create its own economy. The Israeli shekel and the US dollar have a short, but important, history of interacting with each other. As will be explained, the history of the Israeli shekel plays an important role in understanding the actions taken by the Israeli National Bank. Today, the Israeli new shekel can be analyzed and understood as a complex and growing part of the world economy and as a currency that will likely continue to grow and stabilize in the future world economy. Founded in 1948, Israel became the first Jewish state established under the leadership of Prime Minister David ben Gurion. Previously, the Jewish Mandate under the control of the British army was a safe haven for Jews from all over the world. However, after World War II, Jews poured into Israel, causing chaos among the British and driving the development of the State of Israel on May 14, 1948. The new Israeli government allowed the use of the Anglo-Palestinian banknote to continue. until a new currency comes into force (PNCS – APBS). In June 1952, Israel's first certified banknote, called the Israeli pound (ILP), began circulation. The new Leumi le-Israeli Bank supported the notes by anchoring them to the British currency... at the center of the paper... growing and healthy. Through the information and policies that have been presented, the Israeli New Shekel is definitely a strong and reliable currency. The Bank of Israel has demonstrated that it has the ability to keep its currency and economy growing. The partnership with the United States assures the rest of the world that behind Israel there is a world power. And Israel's strong economic presence allows Israel to continue to grow and prosper. The Israeli Shekel and the US dollar are both floating currencies influenced by national and world politics. Although each has the ability to move on its own, there are many factors that show the strength and relationship they have with each other. As Israel continues to develop, we will certainly continue to see the strength and support that the Shekel brings in the international community.