Mideastern Coin is a term used to describe two different coins used in the Middle East. The SHEKEL, which has 6 letters, is the currency of Israel and is divided into 100 agorot. It has been in use since biblical times and is currently the official currency of the State of Israel. The Rial, which has 4 letters, is the currency of Iran and is divided into 100 dinars. It has been in use since 1798 and is the official currency of the Islamic Republic of Iran.