Convert Egyptian Pound to Israeli New Shekel
Convert Egyptian Pound (EGP) to Israeli New Shekel (ILS) using daily updated exchange rates.
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Exchange Rate
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About Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt and one of the oldest currency systems in the world, with versions of the pound used since Egypt adopted a monetary system in the 19th century. The Central Bank of Egypt manages monetary policy. Egypt is the most populous Arab country and the third most populous in Africa, with an economy driven by tourism, Suez Canal revenues, remittances, oil exports, and agriculture. The pound underwent significant devaluations in 2016 and 2023 as Egypt moved to a more flexible exchange rate policy under IMF-backed economic reform programmes.
About Israeli New Shekel
The Israeli New Shekel (ILS) has been the official currency of Israel since 1986, replacing the old shekel at a rate of 1,000 to 1. The shekel is one of the oldest monetary units in human history, mentioned throughout the Hebrew Bible as a weight of silver. The Bank of Israel manages monetary policy with a free-floating exchange rate. Israel has a highly developed, technology-driven economy - often called the "Start-Up Nation" - with significant exports of software, semiconductors, pharmaceuticals, and diamond cutting and polishing. The new shekel is divided into 100 agorot.
Quick Reference Table
| Egyptian Pound (EGP) | Israeli New Shekel (ILS) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).