Convert Israeli New Sheqel to North Korean Won
Please provide values below to convert Israeli New Sheqel [ILS] to North Korean Won [KPW], or Convert North Korean Won to Israeli New Sheqel.
How to Convert Israeli New Sheqel to North Korean Won
1 ILS = 0.00371666666666667 KPW
Example: convert 15 ILS to KPW:
15 ILS = 15 × 0.00371666666666667 KPW = 0.05575 KPW
Israeli New Sheqel to North Korean Won Conversion Table
Israeli New Sheqel | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.