Convert British Pound Sterling to Israeli New Sheqel
Please provide values below to convert British Pound Sterling [GBP] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to British Pound Sterling.
How to Convert British Pound Sterling to Israeli New Sheqel
1 GBP = 0.221285500747384 ILS
Example: convert 15 GBP to ILS:
15 GBP = 15 × 0.221285500747384 ILS = 3.31928251121076 ILS
British Pound Sterling to Israeli New Sheqel Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.