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 GBP4.76836928592 ILS
2 GBP9.53673857185 ILS
3 GBP14.30510785777 ILS
4 GBP19.0734771437 ILS
5 GBP23.84184642962 ILS
6 GBP28.61021571555 ILS
7 GBP33.37858500147 ILS
8 GBP38.1469542874 ILS
9 GBP42.91532357332 ILS
10 GBP47.68369285925 ILS
100 GBP476.83692859246 ILS
200 GBP953.67385718492 ILS
300 GBP1 430.51078577738 ILS
400 GBP1 907.34771436984 ILS
500 GBP2 384.1846429623 ILS
600 GBP2 861.02157155476 ILS
700 GBP3 337.85850014722 ILS
800 GBP3 814.69542873968 ILS
900 GBP4 291.53235733214 ILS
1 000 GBP4 768.3692859246 ILS
2 000 GBP9 536.73857184921 ILS
5 000 GBP23 841.84642962301 ILS
10 000 GBP47 683.69285924603 ILS
20 000 GBP95 367.38571849205 ILS
50 000 GBP238 418.46429623013 ILS
100 000 GBP476 836.92859246026 ILS
Last updated May 21, 2025 at 12:55 PM