Euro to Israeli Shekel — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Israel

Currency Code, Symbol: ILS, ₪

Denominations of coins in circulation: 10 agorot, ₪​1⁄2, ₪1, ₪2, ₪5, ₪10

Denominations of banknotes in circulation: ₪20, ₪50, ₪100, ₪200

History: The Israeli new shekel (₪) is the national currency of Israel, not used in other countries. It has an abbreviated international name – ILS. Agoras are used as change for the Israeli shekel.One ILS has 100 agoras. The currency appeared in 1985. Its predecessor was the Israeli old shekel. The 5-shekel coin was removed in 2006, and in 2008, it had completely gone out of circulation. Coins have dates that correlate to the Jewish lunisolar calendar imprinted on them. The numbers are also written differently: instead of Arabic numbers, they use 22 letters of the Jewish alphabet.Read More