GBP to ILS Exchange Rate - Convert British Pound to Israeli Shekel

Converting from British Pound (GBP) to Israeli Shekel (ILS)

What is British Pound (GBP)

The British Pound (GBP), often simply referred to as the pound, is the official currency of the United Kingdom. It is one of the oldest currencies still in use today, with origins dating back to the 8th century. The pound is divided into 100 smaller units known as pence. Symbolically, the pound is represented by the sign £.

The value of the GBP can fluctuate based on several factors, including economic performance, interest rates, and political stability. Exchange rates reflect how much one currency is worth in terms of another. For instance, the GBP is frequently traded against other major currencies, making it a key player in the global financial market.

In everyday transactions, users will encounter different denominations of pound notes and coins. The primary banknotes are £5, £10, £20, and £50. There are also coins in denominations of 1p, 2p, 5p, 10p, 20p, 50p, £1, and £2.

What is Israeli Shekel (ILS)

The Israeli Shekel (ILS) is the official currency of Israel. It is abbreviated as ₪ and is commonly used both in Israel and in the Palestinian territories. The shekel has had various forms throughout history, but the modern version was established in 1985 due to hyperinflation, resulting in a critical need for currency reform. Like the pound, the shekel is subdivided into 100 smaller units, called agorot.

The Israeli economy, which is diverse and technologically advanced, strongly influences the value of the shekel. Similar to the GBP, the exchange rate of ILS can change as a result of economic factors such as inflation, interest rates, and market demand.

In terms of physical currency, the shekel is available in both coins and banknotes. The banknotes come in denominations of ₪20, ₪50, ₪100, and ₪200, while the coins can be found in denominations of 10 agorot, 0.1 shekel, 0.5 shekel, ₪1, ₪2, ₪5, and ₪10.

Converting GBP to ILS

When converting GBP to ILS, it is important to check the current exchange rates, as they can vary from one service provider to another. You can use various online currency converters, banks, or financial services for live updates. The basic formula for conversion is given by:

ILS = GBP × Exchange Rate

For example, if the exchange rate is 4.5 ILS to 1 GBP, then converting 10 GBP to ILS would look like this:

ILS = 10 GBP × 4.5 = 45 ILS

Understanding both currencies, their background, and how to convert between them will enhance your financial transactions and decisions in a globalized economy.

British Pound to Israeli Shekel conversion table

GBP to ILS conversion table

British Pound (GBP)Israeli Shekel (ILS)
1 GBP4.73619521474 ILS
2 GBP9.47239042948 ILS
3 GBP14.20858564423 ILS
4 GBP18.94478085897 ILS
5 GBP23.68097607371 ILS
6 GBP28.41717128845 ILS
7 GBP33.1533665032 ILS
8 GBP37.88956171794 ILS
9 GBP42.62575693268 ILS
10 GBP47.36195214742 ILS
100 GBP473.61952147425 ILS
200 GBP947.2390429485 ILS
300 GBP1 420.85856442275 ILS
400 GBP1 894.478085897 ILS
500 GBP2 368.09760737124 ILS
600 GBP2 841.71712884549 ILS
700 GBP3 315.33665031974 ILS
800 GBP3 788.95617179399 ILS
900 GBP4 262.57569326824 ILS
1 000 GBP4 736.19521474249 ILS
2 000 GBP9 472.39042948498 ILS
5 000 GBP23 680.97607371245 ILS
10 000 GBP47 361.9521474249 ILS
20 000 GBP94 723.9042948498 ILS
50 000 GBP236 809.7607371245 ILS
100 000 GBP473 619.521474249 ILS
Last updated May 13, 2025 at 09:55 AM