Convert Israeli New Sheqel to Icelandic Króna
Please provide values below to convert Israeli New Sheqel [ILS] to Icelandic Króna [ISK], or Convert Icelandic Króna to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Icelandic Króna
1 ILS = 0.0274830233790562 ISK
Example: convert 15 ILS to ISK:
15 ILS = 15 × 0.0274830233790562 ISK = 0.412245350685843 ISK
Israeli New Sheqel to Icelandic Króna Conversion Table
Israeli New Sheqel | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.