Convert Israeli New Sheqel to Romanian Leu
Please provide values below to convert Israeli New Sheqel [ILS] to Romanian Leu [RON], or Convert Romanian Leu to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Romanian Leu
1 ILS = 0.771875576887576 RON
Example: convert 15 ILS to RON:
15 ILS = 15 × 0.771875576887576 RON = 11.5781336533136 RON
Israeli New Sheqel to Romanian Leu 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.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.