Convert 550 Euro (EUR) to Israeli New Sheqel (ILS)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Euro (EUR) to Israeli New Sheqel (ILS) , a table containing most common conversions and a chart with the pair's evolution.
The Euro (EUR) to Israeli New Sheqel (ILS) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Euro and Israeli New Sheqel on 11/21/2024 is 1 EUR = 3.9433 ILS - AVERAGE intraday quotes were used for this currency conversion.
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
About Israeli New Sheqel (ILS)
The Israeli new shekel is the official currency of Israel and the Palestinian territories. The currency code for the new shekel is ILS and the word shekel is singular and can be written as sheqel and when plural it is written as shekalim. The symbol for the shekel is "?" and each shekel can be divided into 100 agora, plural agorot.
The Bank of Israel issues banknotes in 20, 50, 100, and 200 new shekalim values and coins in 10 agorot and ½, 1, 2, 5, 10 new shekalim values. The newest printing of the 20 shekalim banknote is on a polymer base in lieu of the more traditional paper base. In 2011 the Bank of Israel has said that it intendeds to remove the word "new" from "new shekel" having been 25 years since its original issuance.
