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.

Singapore Dollar

Singapore Dollar

The Singapore dollar (sign: S$; code: SGD) is the official currency of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore issues the banknotes and coins of the Singapore dollar. As of 2016, the Singapore dollar is the twelfth-most traded currency in the world by value. Apart from its use in Singapore, the Singapore dollar is also accepted as customary tender in Brunei according to the Currency Interchangeability Agreement between the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam). Likewise, the Brunei dollar is also customarily accepted in Singapore.

2 Israeli Shekel to Singapore Dollar exchange rates chart

2 ILS to SGD exchange rates graph
2 ILS to SGD 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 SGD exchange rates table

Exchange ILS to SGD
2 Israeli Shekel = 0.748 Singapore Dollar
4 Israeli Shekel = 1.497 Singapore Dollar
10 Israeli Shekel = 3.742 Singapore Dollar
20 Israeli Shekel = 7.484 Singapore Dollar
Exchange Israeli Shekel to Singapore Dollar
2 Israeli Shekel to Singapore 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.

2 ILS to SGD 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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IHH, Maybank drag KLCI below 1,700 at close - Business News | The Star Online

KUALA LUMPUR: Foreign funds stepped up their selling pressure on Bursa Malaysia and sent the FBM KLCI to close below the crucial 1,700 on Monday, with IHH Healthcare, Maybank and Tenaga Nasional among the losers.

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Singapore’s Central Bank, Stock Exchange Settle Tokenised Assets on a Blockchain
Singapore’s Central Bank, Stock Exchange Settle Tokenised Assets on a Blockchain

In a blockchain breakthrough, Singapore’s central bank and the country’s primary stock exchange have successfully developed an automated method for rapid settlements of tokenized assets.

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Will USD/IDR, USD/PHP Reverse as Fed Rate Hike Bets Sink Stocks?

Bank of Indonesia upheld its currency, leaving the Rupiah resilient to USD gains. That may change as Fed rate hike bets sap market mood next,

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2 ILS to SGD currency converter