Convert Israeli New Sheqel to Japanese Yen
Please provide values below to convert Israeli New Sheqel [ILS] to Japanese Yen [JPY], or Convert Japanese Yen to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Japanese Yen
1 ILS = 0.0227812617481843 JPY
Example: convert 15 ILS to JPY:
15 ILS = 15 × 0.0227812617481843 JPY = 0.341718926222765 JPY
Israeli New Sheqel to Japanese Yen 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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.