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.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

2 Israeli Shekel to Australian Dollar exchange rates chart

2 ILS to AUD exchange rates graph
2 ILS to AUD 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.

2 ILS to AUD exchange rates table

Exchange ILS to AUD
2 Israeli Shekel = 0.751 Australian Dollar
4 Israeli Shekel = 1.502 Australian Dollar
10 Israeli Shekel = 3.756 Australian Dollar
20 Israeli Shekel = 7.512 Australian Dollar
Exchange Israeli Shekel to Australian Dollar
2 Israeli Shekel to Australian Dollar 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.

Best ILS/AUD rate at Wexchange in Melbourne

2 ILS to AUD exchange rates at Wexchange in Melbourne
2 Israeli Shekel = 0.682 Australian Dollar
Wexchange
Wexchange

The WeXchange service is provided by WeXchange Pty Ltd ABN 52 155 326 846, under AFSL 411932 & AR 472473. We have four locations across Australia equipped with state-of-theart automatic cash counters, and an online store to ensure we are meeting your needs wherever you are, twentyfour hours a day and seven days a week. We welcome all enquiries so contact our friendly service team online or pop in-store today. WeXchange is a foreign exchange service provider that is committed to providing...

2 ILS to AUD exchange rates news

Israel PM Netanyahu battles to save weakened ruling coalition

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu was battling to keep his government afloat on Friday after Defense Minister Avigdor Lieberman quit over a ceasefire deal for Gaza. Left with a single seat majority in parliament after the walkout by Lieberman and his hawkish Yisrael Beitenu party, most media saw little way for Netanyahu to avoid calling a snap general

conditional negative
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

indicative negative
Australian Dollar Can Hang On Again, But Downward Bias Remains

The Australian Dollar remains in unfamiliar territory just above the long downtrend that marked much of this year. What’s more it may well stay there

conditional neutral
'Risk off' return wipes $54 billion from ASX

Australian shares plummeted this week after a "risk off" market sent the market into a nose-dive on Tuesday and Wednesday, wiping $54 billion from the boards in the past five sessions.

indicative negative
US-China trade-deal hopes almost spare a red finish

Brexit upheavals were offset by conciliatory comments from China’s trade envoy ahead of meeting with US officials.

conditional negative
Is a weaker currency Australia's next big tourist attraction?

A record 9 million overseas tourists came to Australia last year and tourism industry insiders say it is not just the lure of unforgettable sights pulling them onto the planes — the falling Australian dollar is also helping.

conditional positive
Australian dollar up
Australian dollar up

Aussie dollar rises slightly against the greenback.

conditional neutral

2 ILS to AUD currency converter