Convert Egyptian Pound to Israeli New Sheqel
Please provide values below to convert Egyptian Pound [EGP] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Egyptian Pound.
How to Convert Egyptian Pound to Israeli New Sheqel
1 EGP = 14.6707324364723 ILS
Example: convert 15 EGP to ILS:
15 EGP = 15 × 14.6707324364723 ILS = 220.060986547085 ILS
Egyptian Pound to Israeli New Sheqel Conversion Table
| Egyptian Pound | Israeli New Sheqel |
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Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.