Convert Israeli New Sheqel to Bahamian Dollar
Please provide values below to convert Israeli New Sheqel [ILS] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Bahamian Dollar
1 ILS = 3.345 BSD
Example: convert 15 ILS to BSD:
15 ILS = 15 × 3.345 BSD = 50.175 BSD
Israeli New Sheqel to Bahamian Dollar Conversion Table
| Israeli New Sheqel | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.