Convert Israeli New Sheqel to Algerian Dinar
Please provide values below to convert Israeli New Sheqel [ILS] to Algerian Dinar [DZD], or Convert Algerian Dinar to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Algerian Dinar
1 ILS = 0.0257305910959078 DZD
Example: convert 15 ILS to DZD:
15 ILS = 15 × 0.0257305910959078 DZD = 0.385958866438617 DZD
Israeli New Sheqel to Algerian Dinar Conversion Table
| Israeli New Sheqel | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.