Convert Israeli New Sheqel to Guernsey Pound
Please provide values below to convert Israeli New Sheqel [ILS] to Guernsey Pound [GGP], or Convert Guernsey Pound to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Guernsey Pound
1 ILS = 4.51843847089018 GGP
Example: convert 15 ILS to GGP:
15 ILS = 15 × 4.51843847089018 GGP = 67.7765770633527 GGP
Israeli New Sheqel to Guernsey Pound Conversion Table
| Israeli New Sheqel | Guernsey Pound |
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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.
Guernsey Pound
The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1921, the Guernsey Pound has been used locally alongside the British Pound, with both currencies circulating freely and at equal value, reflecting Guernsey's status as a self-governing dependency.
Current Use
The GGP is used for everyday transactions within Guernsey and is accepted alongside the British Pound, with coins and banknotes issued specifically for Guernsey by the local authorities.