Convert Uzbekistan Som to Israeli New Sheqel
Please provide values below to convert Uzbekistan Som [UZS] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Uzbekistan Som.
How to Convert Uzbekistan Som to Israeli New Sheqel
1 UZS = 3798.64612855007 ILS
Example: convert 15 UZS to ILS:
15 UZS = 15 × 3798.64612855007 ILS = 56979.6919282511 ILS
Uzbekistan Som to Israeli New Sheqel Conversion Table
Uzbekistan Som | Israeli New Sheqel |
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Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.
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.