Convert Singapore Dollar to Israeli New Sheqel
Please provide values below to convert Singapore Dollar [SGD] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Singapore Dollar.
How to Convert Singapore Dollar to Israeli New Sheqel
1 SGD = 0.382571001494768 ILS
Example: convert 15 SGD to ILS:
15 SGD = 15 × 0.382571001494768 ILS = 5.73856502242152 ILS
Singapore Dollar to Israeli New Sheqel Conversion Table
Singapore Dollar | Israeli New Sheqel |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.