Convert Israeli New Sheqel to Barbadian Dollar
Please provide values below to convert Israeli New Sheqel [ILS] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Barbadian Dollar
1 ILS = 1.6725 BBD
Example: convert 15 ILS to BBD:
15 ILS = 15 × 1.6725 BBD = 25.0875 BBD
Israeli New Sheqel to Barbadian Dollar Conversion Table
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Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.