Convert Israeli New Sheqel to Indian Rupee
Please provide values below to convert Israeli New Sheqel [ILS] to Indian Rupee [INR], or Convert Indian Rupee to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Indian Rupee
1 ILS = 0.0387209694017523 INR
Example: convert 15 ILS to INR:
15 ILS = 15 × 0.0387209694017523 INR = 0.580814541026285 INR
Israeli New Sheqel to Indian Rupee 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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.