Convert Israeli New Sheqel to Albanian Lek
Please provide values below to convert Israeli New Sheqel [ILS] to Albanian Lek [ALL], or Convert Albanian Lek to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Albanian Lek
1 ILS = 0.0401096931158816 ALL
Example: convert 15 ILS to ALL:
15 ILS = 15 × 0.0401096931158816 ALL = 0.601645396738225 ALL
Israeli New Sheqel to Albanian Lek Conversion Table
Israeli New Sheqel | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.