Convert Israeli New Sheqel to New Zealand Dollar
Please provide values below to convert Israeli New Sheqel [ILS] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Israeli New Sheqel.
How to Convert Israeli New Sheqel to New Zealand Dollar
1 ILS = 2.00419412822049 NZD
Example: convert 15 ILS to NZD:
15 ILS = 15 × 2.00419412822049 NZD = 30.0629119233074 NZD
Israeli New Sheqel to New Zealand Dollar 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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.