Exchange 2 ILS to LYD - 2 Israeli Shekel to Libyan Dinar
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.
The dinar (Arabic: دينار dīnār) is the currency of Libya. Its ISO 4217 code is "LYD". The dinar is subdivided into 1000 dirham (درهم). It was introduced in September 1971 and replaced the pound at par. It is issued by the Central Bank of Libya, which also supervises the banking system and regulates credit. In 1972, the Libyan Arab Foreign Bank was established to deal with overseas investment. Ali Mohammed Salem, deputy governor of Central Bank of Libya stated the exchange rate of Libyan dinar would be pegged to special drawing rights for one to three years, according to an interview to Reuters on 27 December 2011.
2 Israeli Shekel to Libyan Dinar exchange rates chart
2 ILS to LYD 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 Israeli Shekel to Libyan Dinar 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.
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
MOSCOW: Russia’s Defense Minister Sergei Shoigu met Libyan commander Khalifa Haftar in Moscow on Wednesday, Russian media reported, signalling Kremlin support ahead of a conference aimed at settling the north African country’s years of strife. Russia’s military has long shown backing for the powerful Libyan commander, who dominates eastern Libya. He has visited Russia
The United Nations and Western powers have given up hope that Libya will hold elections in the immediate future, focusing on reconciliation first among rival factions locked in a cycle of conflict, diplomats and other sources said.