Convert Argentine Peso to Israeli New Sheqel
Please provide values below to convert Argentine Peso [ARS] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Argentine Peso.
How to Convert Argentine Peso to Israeli New Sheqel
1 ARS = 378.526158445441 ILS
Example: convert 15 ARS to ILS:
15 ARS = 15 × 378.526158445441 ILS = 5677.89237668161 ILS
Argentine Peso to Israeli New Sheqel Conversion Table
| Argentine Peso | Israeli New Sheqel |
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Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.
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.