Convert Israeli New Sheqel to Kazakhstani Tenge
Please provide values below to convert Israeli New Sheqel [ILS] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Kazakhstani Tenge
1 ILS = 0.00625574846243241 KZT
Example: convert 15 ILS to KZT:
15 ILS = 15 × 0.00625574846243241 KZT = 0.0938362269364861 KZT
Israeli New Sheqel to Kazakhstani Tenge Conversion Table
| Israeli New Sheqel | Kazakhstani Tenge |
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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.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.