Convert Algerian Dinar to Israeli New Sheqel
Please provide values below to convert Algerian Dinar [DZD] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Algerian Dinar.
How to Convert Algerian Dinar to Israeli New Sheqel
1 DZD = 38.864245142003 ILS
Example: convert 15 DZD to ILS:
15 DZD = 15 × 38.864245142003 ILS = 582.963677130045 ILS
Algerian Dinar to Israeli New Sheqel Conversion Table
| Algerian Dinar | Israeli New Sheqel |
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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.