Convert Kyrgystani Som to Israeli New Sheqel
Please provide values below to convert Kyrgystani Som [KGS] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Kyrgystani Som.
How to Convert Kyrgystani Som to Israeli New Sheqel
1 KGS = 26.0978176382661 ILS
Example: convert 15 KGS to ILS:
15 KGS = 15 × 26.0978176382661 ILS = 391.467264573991 ILS
Kyrgystani Som to Israeli New Sheqel Conversion Table
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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.
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.