Convert Israeli New Sheqel to Iraqi Dinar
Please provide values below to convert Israeli New Sheqel [ILS] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Iraqi Dinar
1 ILS = 0.00255411244172691 IQD
Example: convert 15 ILS to IQD:
15 ILS = 15 × 0.00255411244172691 IQD = 0.0383116866259037 IQD
Israeli New Sheqel to Iraqi Dinar Conversion Table
| Israeli New Sheqel | Iraqi Dinar |
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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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.