Convert Israeli New Sheqel to Kyrgystani Som
Please provide values below to convert Israeli New Sheqel [ILS] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Kyrgystani Som
1 ILS = 0.0383173801679779 KGS
Example: convert 15 ILS to KGS:
15 ILS = 15 × 0.0383173801679779 KGS = 0.574760702519668 KGS
Israeli New Sheqel to Kyrgystani Som 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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.