Currency Pair ILS/NPR: An Overview

The currency pair ILS/NPR represents the exchange rate between the Israeli shekel (ILS) and the Nepalese rupee (NPR). To understand the dynamics of this currency pair, it is important to know the basic characteristics of both currencies.

Israeli Shekel (ILS)

The Israeli shekel, often abbreviated as ILS and also known as the new shekel, is the official currency of Israel and the Palestinian territories. The shekel is divided into 100 agorot. The Israeli economy is highly diversified with a significant technology sector contributing to the country's economic stability. The central bank, Bank of Israel, oversees and regulates monetary policy to ensure economic stability.

Nepalese Rupee (NPR)

The Nepalese rupee, abbreviated as NPR, is the official currency of Nepal. The rupee is divided into 100 paisa. The Nepalese economy is largely dependent on agriculture, tourism, and remittances from Nepalese working abroad. Nepal Rastra Bank, the country's central bank, is responsible for overseeing and regulating monetary policy.

Convert Between ILS and NPR

On our website, you can easily convert between ILS and NPR, as well as many other currencies. Our currency converter is user-friendly and requires just a few simple steps:

1. Enter the amount you want to convert.
2. Select the base currency (ILS or NPR).
3. Choose the target currency (NPR or ILS).
4. The conversion will happen automatically, and you will receive the result instantly.

In addition to the current exchange rate, we also provide a chart displaying historical data for the currency pair ILS/NPR. This can be useful for analyzing trends and making more informed decisions.

Summary

Understanding the currency pair ILS/NPR and their respective economic backgrounds can provide valuable insights for both travelers and investors. Use our currency converter to easily and quickly obtain the current exchange rate and view historical trends.