Convert Qatari Riyal to Israeli New Shekel
Convert Qatari Riyal (QAR) to Israeli New Shekel (ILS) using daily updated exchange rates.
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Exchange Rate
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About Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
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
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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).