Convert Israeli New Sheqel to Dominican Peso
Please provide values below to convert Israeli New Sheqel [ILS] to Dominican Peso [DOP], or Convert Dominican Peso to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Dominican Peso
1 ILS = 0.0554257593080479 DOP
Example: convert 15 ILS to DOP:
15 ILS = 15 × 0.0554257593080479 DOP = 0.831386389620719 DOP
Israeli New Sheqel to Dominican Peso Conversion Table
Israeli New Sheqel | Dominican Peso |
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.