Convert Israeli New Sheqel to Mexican Peso
Please provide values below to convert Israeli New Sheqel [ILS] to Mexican Peso [MXN], or Convert Mexican Peso to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Mexican Peso
1 ILS = 0.179412364166872 MXN
Example: convert 15 ILS to MXN:
15 ILS = 15 × 0.179412364166872 MXN = 2.69118546250308 MXN
Israeli New Sheqel to Mexican Peso Conversion Table
| Israeli New Sheqel | Mexican Peso |
|---|
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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.