Convert Israeli New Sheqel to Djiboutian Franc
Please provide values below to convert Israeli New Sheqel [ILS] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Djiboutian Franc
1 ILS = 0.0188216361600486 DJF
Example: convert 15 ILS to DJF:
15 ILS = 15 × 0.0188216361600486 DJF = 0.282324542400729 DJF
Israeli New Sheqel to Djiboutian Franc Conversion Table
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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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.