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Electra Protocol to Israeli New Shekel Converter and calculator

Convert 1Electra Protocol (XEP) to Israeli New Shekel (ILS) equals ₪ 0.001236 | Bitget
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Last updated as of 2025/02/17 11:49:37 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Electra Protocol(XEP) to Israeli New Shekel(ILS). This is the real-time data. The current conversion shows 1 XEP at a value of 1 XEP for 0.00 ILS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

ILS information

About the Israeli New Shekel (ILS)

What Is the Israeli New Shekel (ILS)?

The Israeli New Shekel (ILS), symbolized as ₪ and sometimes abbreviated as NIS, is the official currency of Israel. ILS is the international three-letter abbreviation for this currency, which has been in use since 1986. The new shekel replaced the hyper-inflated original shekel at a ratio of 1000 to 1. At the time of its introduction, it was identified by the abbreviation NIS to distinguish it from the old shekel. The Israeli New Shekel is subdivided into 100 agorot and is also used in the Palestinian territories of the West Bank and the Gaza Strip.

The Israeli New Shekel is issued by the Bank of Israel, which is the central bank of Israel. The Bank of Israel is responsible for the design, production, and distribution of the nation's currency, as well as for implementing monetary policy, maintaining financial stability, and managing foreign exchange reserves. The bank's role in issuing currency includes ensuring the security and integrity of the Israeli New Shekel, both in terms of coins and banknotes.

What Is the History of ILS?

The term "shekel" has ancient roots, originating from a Biblical currency and unit of weight. The modern Israeli currency system evolved through various stages, starting with the Palestine pound issued by the Anglo-Palestine Bank up to 1952. This was replaced by the Israeli pound (lira yisraelit) in 1952, which was in turn replaced by the shekel in 1980. Due to hyperinflation, the old shekel was replaced by the new shekel in 1986.

Notes and Coins of ILS

The Israeli New Shekel (ILS) features a diverse array of coins and banknotes that are not only integral to daily transactions but also reflect the country's rich cultural heritage. The coin denominations include 5 and 10 agorot, and ½, 1, 2, 5, and 10 new shekels. The Bank of Israel introduced a new series of coins with updated inscriptions in 2022. The banknotes, in denominations of 20, 50, 100, and 200 new shekels. The banknotes incorporate advanced security features and are printed by Orell Füssli Security Printing in Switzerland.

Economic Stability and Exchange Rates

Since the 1980s economic crisis, Israel has adopted conservative fiscal and monetary policies, leading to a more stable economy and currency. The new shekel has been a freely convertible currency since 2003 and is traded on global markets. Over the years, the shekel has strengthened against major currencies like the US dollar, reflecting Israel's growing economic stability.

The new shekel's value has fluctuated over time against various currencies. Its exchange rate against major currencies like the US dollar, euro, and pound sterling has been influenced by global economic trends and Israel's economic policies.

Is ILS a Strong Currency?

The Israeli New Shekel is recognized as one of the world's strongest currencies, a status supported by Israel's stable economy, low inflation, and substantial foreign exchange reserves. Ranking 12th globally in foreign investment, with significant growth in recent years, the shekel benefits from Israel's robust economic performance and investor confidence. The thriving technology sector and strategic global trade position further reinforce its strength. As a free-floating fiat currency, the shekel's value, notably strong against the US dollar, reflects market trust. Despite potential sensitivities to regional geopolitics and internal political shifts, the shekel's resilience, especially during global economic downturns, indicates a promising outlook for Israel's economy and its currency.

What Is the Difference Between Israeli New Shekel and Israeli Old Shekel?

The transition from the Israeli Old Shekel to the Israeli New Shekel marked a significant shift in Israel's monetary history, primarily driven by the need to combat hyperinflation and stabilize the economy. The Old Shekel, in circulation from 1980 to 1985, suffered from severe devaluation and economic instability, leading to its replacement in 1986 by the New Shekel at a ratio of 1000:1. This change was a crucial part of Israel's broader economic stabilization plan, which included adopting more conservative fiscal and monetary policies. The introduction of the New Shekel not only curbed the rampant inflation but also restored confidence in the national currency. It brought with it new banknotes and coins featuring updated designs and enhanced security features, reflecting both the cultural aspects of the time and the need for a more robust and stable monetary system.

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Bitget crypto-to-fiat exchange data shows that the most popular Electra Protocol currency pair is the XEP to ILS, with for Electra Protocol's currency code being XEP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ILS.

XEP to ILS conversion rate trend

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Live Electra Protocol (XEP) price chart
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In the past 1D, Electra Protocol has changed -1.56% to ILS. Based on the trend and price charts, Electra Protocol(XEP) has changed -1.56% to ILS while Israeli New Shekel(ILS) has changed +1.58% to XEP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₪0.001231
0.0200% / 0.0320%vip-iconVIP 7
Last updated as of 2025/02/17 08:30:46(UTC+0)

How to buy Electra Protocol

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Buy Electra Protocol (XEP)
Use a variety of payment options to buy Electra Protocol on Bitget. We'll show you how.

Buy XEP (or USDT) for ILS (Israeli New Shekel) offers

Bitget P2P trading does not currently support direct buying of XEP with ILS. However, you can buy USDT in Bitget P2P trading first, and then buy XEP with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell XEP (or USDT) for ILS (Israeli New Shekel) offers

Bitget P2P trading currently does not support direct selling of XEP to ILS. However, you can first exchange XEP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Electra Protocol to Israeli New Shekel?

Electra Protocol to Israeli New Shekel is rising this week.
Electra Protocol's current market price is ₪ 0.001236 per XEP, with a total market cap of ₪ 22,418,995.47 ILS based on a circulating supply of 18,133,336,000 XEP. The trading volume of Electra Protocol has changed by -7.64% (₪ -58,389.70 ILS) in the last 24 hours. Last trading day, XEP's trading volume was ₪ 764,063.02.
Market cap
$6.31M
24h volume
$198.52K
Circulating supply
18.13B XEP

Conversion tables

The exchange rate of Electra Protocol is decreasing.
1 XEP is currently valued at ₪ 0.001236 ILS , which means buying 5 XEP will cost ₪ 0.006182 ILS . Similarly, ₪1 ILS can be traded for 808.84 XEP, and ₪50 ILS can be converted to 40,441.9 XEP, excluding any platform or gas fees.
The exchange rate of 1 XEP to Israeli New Shekel has changed by +21.35% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.56%, reaching a high of 0.001301 ILS and a low of 0.001200 ILS . One month ago, the value of 1 XEP was ₪ 0.001447 ILS , which represents a -14.58% change from its current value. Over the last year, Electra Protocol has changed by
-
0.0002326ILS
, resulting in a change of -15.83% in its value.

XEP to ILS

Amount
11:49 am today
0.5 XEP
0.0006182
1 XEP
0.001236
5 XEP
0.006182
10 XEP
0.01236
50 XEP
0.06182
100 XEP
0.1236
500 XEP
0.6182
1000 XEP
1.24

ILS to XEP

Amount11:49 am today
0.5ILS404.42  XEP
1ILS808.84  XEP
5ILS4,044.19  XEP
10ILS8,088.38  XEP
50ILS40,441.9  XEP
100ILS80,883.81  XEP
500ILS404,419.04  XEP
1000ILS808,838.07  XEP

Today vs. 24 hours ago

Amount11:49 am today24 hours ago24h change
0.5 XEP$0.0001739$0.0001767
-1.56%
1 XEP$0.0003478$0.0003533
-1.56%
5 XEP$0.001739$0.001767
-1.56%
10 XEP$0.003478$0.003533
-1.56%
50 XEP$0.01739$0.01767
-1.56%
100 XEP$0.03478$0.03533
-1.56%
500 XEP$0.1739$0.1767
-1.56%
1000 XEP$0.3478$0.3533
-1.56%

Today vs. 1 month ago

Amount11:49 am today1 month ago1M change
0.5 XEP$0.0001739$0.0002036
-14.58%
1 XEP$0.0003478$0.0004072
-14.58%
5 XEP$0.001739$0.002036
-14.58%
10 XEP$0.003478$0.004072
-14.58%
50 XEP$0.01739$0.02036
-14.58%
100 XEP$0.03478$0.04072
-14.58%
500 XEP$0.1739$0.2036
-14.58%
1000 XEP$0.3478$0.4072
-14.58%

Today vs. 1 year ago

Amount11:49 am today1 year ago1Y change
0.5 XEP$0.0001739$0.0002066
-15.83%
1 XEP$0.0003478$0.0004132
-15.83%
5 XEP$0.001739$0.002066
-15.83%
10 XEP$0.003478$0.004132
-15.83%
50 XEP$0.01739$0.02066
-15.83%
100 XEP$0.03478$0.04132
-15.83%
500 XEP$0.1739$0.2066
-15.83%
1000 XEP$0.3478$0.4132
-15.83%

Electra Protocol price prediction

What will the price of XEP be in 2026?

Based on XEP's historical price performance prediction model, the price of XEP is projected to reach $0.0003150 in 2026.

What will the price of XEP be in 2031?

In 2031, the XEP price is expected to change by +26.00%. By the end of 2031, the XEP price is projected to reach $0.0009530, with a cumulative ROI of +167.89%.

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