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.

Papua New Guinean Kina

Papua New Guinean Kina

The kina (ISO 4217 currency code: PGK, the currency symbol: K) is the currency of Papua New Guinea. It is divided into 100 toea. The kina was introduced on 19 April 1975, and circulated along with the Australian dollar until 1 January 1976, when the dollar ceased to be legal tender. The name kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for trading in both the Coastal and Highlands areas of the country.

1 Israeli Shekel to Papua New Guinean Kina exchange rates chart

1 ILS to PGK exchange rates graph
1 ILS to PGK 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 PGK exchange rates table

Exchange ILS to PGK
1 Israeli Shekel = 0.885 Papua New Guinean Kina
2 Israeli Shekel = 1.771 Papua New Guinean Kina
5 Israeli Shekel = 4.427 Papua New Guinean Kina
10 Israeli Shekel = 8.853 Papua New Guinean Kina
Exchange Israeli Shekel to Papua New Guinean Kina
1 Israeli Shekel to Papua New Guinean Kina 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 PGK exchange rates news

Smuggler caught at Gaza border with coins from time of Alexander the Great
Smuggler caught at Gaza border with coins from time of Alexander the Great

Palestinian man was attempting to take two 'rare, highly prized' tetradrachm coins, imprinted in Babylon and northern Greece between 323 and 325 BCE, out of territory

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Grapevine: An ongoing legacy
Grapevine: An ongoing legacy

What do Lord Roderick Balfour, former Jewish Agency chairman Natan Sharansky and the State of Israel have in common? All three came into being in 1948. The interesting coincidence came to light this week at a gala dinner celebrating the 101st anniversary of the Balfour Declaration hosted by the Israel Britain and the Commonwealth Association at the Hilton Hotel, Tel Aviv. Lord Balfour, who is no stranger to Israel, and Sharansky were the guest speakers. Balfour – utilizing that characteristically British mix of wry self-deprecation, humor and wit – kept his audience alert as he made some interesting historical and emotional points. Sharansky noted that 101 years earlier, news of the Balfour Declaration and the Bolshevik Revolution had been published on the same day in newspapers. Not much attention was paid at that time to the Balfour Declaration, but the Bolshevik Revolution was hailed as something that would change the course of history. Before either of them spoke, there were the traditional toasts to the president of Israel and the queen of England. In making the toast to President Reuven Rivlin, British Ambassador David Quarrey said he was a great admirer of Rivlin, but was taken aback when presenting his credentials when Rivlin had asked him on camera when the queen would visit Israel. Although that visit did not take place, Quarrey was delighted to have accompanied Prince William to meet the president.

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CISF detects high volume of foreign currency at Mumbai Airport

Uniindia: New Delhi, Nov 5 (UNI) The Central Industrial Security Force (CISF) on Sunday detected a high volume of foreign currencies worth over Rs 12 lakh, an official release said here on Monday.

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Papua New Guinea PM's firm won $32m contract despite 'serious irregularities'

Exclusive: report says Peter O’Neill’s firm may have violated anti-corruption guidelines

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'Not a magic pill': readers in PNG respond to the Apec summit
'Not a magic pill': readers in PNG respond to the Apec summit

As the country prepares itself for the arrival of thousands of people including world leaders, we asked locals what they think

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'We are suffering here': PNG rolling out APEC red carpet but locals living in poverty

In a country where poverty is rife, medication shortages are biting and there's just been a polio outbreak, some Papua New Guineans are struggling to square their day-to-day lives with the money being spent on the APEC summit.

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Coke's coffers crammed with kina as dollar crunch hits Papua New...

Coca-Cola has mastered the business of getting its sweet, fizzy drinks into even the most isolated of Papua New Guinea's far-flung tropical islands and mountain villages.

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Coke's coffers crammed with kina as dollar crunch hits Papua New...

Coca-Cola has mastered the business of getting its sweet, fizzy drinks into even the most isolated of Papua New Guinea's far-flung tropical islands and mountain villages.

indicative positive

1 ILS to PGK currency converter