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The sheqel has been a freely convertible currency since January 1, 2003. The currency is not produced in Israel, as the country has no mint. Instead banknotes are imported by air and coins by sea.
The peso is subdivided into 100 centavos, although no centavo denominated coins remain in circulation. Colloquial names for some banknotes and coins include luka or luca for the 1000-peso banknote, quina for the 500-peso coin, and gamba for the 100-peso coin.
1 ILS = 128.8384 CLP
Israeli SheqelChilean Peso
