The currency in Palestine is New Israel Shekel (NIS or ILS).
It’s the same currency as Israel, as they are forced to use it.
Where / How to exchange
It’s easy to exchange from USD or EUR to NIS(ILS).
If your country uses any other currency, it’s better to prepare USD or EUR before coming to Palestine.
In Bethlehem or Ramallah, there are banks or exchange counters. Locals who come and go between Jordan and Palestine exchange at small counters in the town.
In general, the exchange rate is not very good at airports and borders.
In my case, I always exchange about 100 USD at the airport or Allenby (King Hussein Bridge) border, then often used ATMs in the town.
ATM is practical
You don’t have to be worried about ATMs in Palestine. It’s everywhere.
The most famous banks are; the Bank of Palestine and the Arab Bank. Arab Bank is Jordanian. ATM can show an English menu.
Both accept Visa International and MasterCard®.
Arab Bank ATM accepts American Express® as well, according to their website.
I always bring a Visa, and no problem has happened so far.🙂