Convert Angolan Kwanza to Israeli New Sheqel
Please provide values below to convert Angolan Kwanza [AOA] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Angolan Kwanza.
How to Convert Angolan Kwanza to Israeli New Sheqel
1 AOA = 274.887952167414 ILS
Example: convert 15 AOA to ILS:
15 AOA = 15 × 274.887952167414 ILS = 4123.31928251121 ILS
Angolan Kwanza to Israeli New Sheqel Conversion Table
| Angolan Kwanza | Israeli New Sheqel |
|---|
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.
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.