Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

Georgian Lari

Georgian Lari

The lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri. The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the maneti, abazi, and Georgian coupon.

1 Israeli Shekel to Georgian Lari exchange rates chart

1 ILS to GEL exchange rates graph
1 ILS to GEL Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 ILS to GEL exchange rates table

Exchange ILS to GEL
1 Israeli Shekel = 0.733 Georgian Lari
2 Israeli Shekel = 1.466 Georgian Lari
5 Israeli Shekel = 3.666 Georgian Lari
10 Israeli Shekel = 7.332 Georgian Lari
Exchange Israeli Shekel to Georgian Lari
1 Israeli Shekel to Georgian Lari Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 ILS to GEL exchange rates news

Shekel weaker in wake of Gaza escalation

The shekel's boost from the end of the Bank of Israel's foreign currency purchasing program to offset gas sales has faded amid the rocket fire from Gaza

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Convicted counterfeiters ordered to pay damages to Bank of Israel for… copyright infringement

Two people already convicted for their roles in a counterfeit ring in Israel have been ordered by a court to also pay damages to Bank of Israel… because printing your own 200-shekel notes apparently violates copyright.

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1 ILS to GEL currency converter