The currency of Palestine has changed over time due to various political and economic factors. Here are the different currencies that have been used in Palestine:

• Ottoman lira: Until 1918, Palestine was an integral part of the Ottoman Empire and therefore used its currency, the Ottoman lira.

• Egyptian pound: During 1917 and 1918, Palestine was occupied by the British army, who set up a military administration. The official currency was the Egyptian pound, which had been first introduced into Egypt in 1834, but several other currencies were legal tender at fixed exchange rates that were vigorously enforced.

• Palestine pound: In 1926, the British Secretary of State for the Colonies appointed a Palestine Currency Board to introduce a local currency. It was based in London and chaired by P. G. Ezechiel, with a Currency Officer resident in Palestine. The board decided that the new currency would be called the Palestine pound, 1:1 with sterling and divided into 1000 mils. The Palestine pound was the currency of the British Mandate of Palestine from 1 November 1927 to 14 May 1948, and of the State of Israel between 15 May 1948 and 23 June 1952, when it was replaced with the Israeli lira.

• Israeli lira/shekel: In 1948, the British Mandate came into power and the currency was replaced by the Israeli Shekel in the areas that had been occupied by the Israeli Forces. Since the Six-Day War in 1967 and up until now, the Israeli Shekel has been used in the West Bank and Gaza Strip, especially since the signing of the Paris Protocol in 1994, which makes the Palestinian economy dependent upon the Israeli economy. The Israeli Shekel is symbolized by this sign (₪) .

• Jordanian dinar: The Palestine pound was also the currency of Transjordan until 1949 when it was replaced by the Jordanian dinar, and remained in usage in the West Bank of Jordan until 1950.

• United States dollar: In addition to the Shekel and the Jordanian Dinar, the American Dollar is also used in Palestine in some circumstances such as buying houses, land, cars, and all high-value properties. It is no problem to come to Palestine carrying American Dollars, Euros, and Pound Sterling.

In summary, the current currency of Palestine is the Israeli new shekel, but other currencies such as the United States dollar and Jordanian dinar are also used in some circumstances.