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.

Qatari Riyal

Qatari Riyal

The Qatari riyal is the currency of the State of Qatar. It is divided into 100 dirhams (Arabic: درهم‎) and is abbreviated as either QR (English) or ر.ق (Arabic).

1 Israeli Shekel to Qatari Riyal exchange rates chart

1 ILS to QAR exchange rates graph
1 ILS to QAR 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 QAR exchange rates table

Exchange ILS to QAR
1 Israeli Shekel = 0.992 Qatari Riyal
2 Israeli Shekel = 1.983 Qatari Riyal
5 Israeli Shekel = 4.958 Qatari Riyal
10 Israeli Shekel = 9.915 Qatari Riyal
Exchange Israeli Shekel to Qatari Riyal
1 Israeli Shekel to Qatari Riyal 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 QAR exchange rates news

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11 days indicative positive
Qatar Airways reports $445m profit

It is the first time Qatar Airways has released its financial results

11 days indicative positive
No instructions to stop dealing in Qatari Riyal, SAMA confirms

The Saudi Arabian Monetary Authority (SAMA) confirmed here today that it did not issue any instructions to financial and exchange institutions operating in the Kingdom, calling for suspension of dealing in the Qatari Riyal, since severing of relations with Qatar by the four Arab states calling to fight terrorism, Saudi Press Agency reported Saturday.

about 2 months indicative positive
Qatar investigation into claims UAE tried to rig the riyal

Doha said it is looking into claims that the UAE attempted to sabotage the Qatari riyal and take the World Cup from the Gulf state.

about 2 months conditional neutral
Qatar’s Ooredoo profits plunge

LONDON: Qatar’s biggest phone company reported a sharp decline in profits as sales fell at home and it was hit by tough trading conditions in Indonesia and Algeria. Ooredoo second quarter net profit fell 60 percent to 203 million Qatari riyals ($54.7 million), the Doha-based company said in a stock exchange filing. It said it was hurt by lower revenues in Indonesia and Algeria

about 2 months indicative neutral

1 ILS to QAR currency converter