Convert Turkmenistani Manat to Israeli New Sheqel
Please provide values below to convert Turkmenistani Manat [TMT] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Israeli New Sheqel
1 TMT = 1.04633781763827 ILS
Example: convert 15 TMT to ILS:
15 TMT = 15 × 1.04633781763827 ILS = 15.695067264574 ILS
Turkmenistani Manat to Israeli New Sheqel Conversion Table
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Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.
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.