Pound Sterling to Israeli Shekel — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.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