Convert Israeli New Sheqel to Hungarian Forint
Please provide values below to convert Israeli New Sheqel [ILS] to Hungarian Forint [HUF], or Convert Hungarian Forint to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Hungarian Forint
1 ILS = 0.00983240236600817 HUF
Example: convert 15 ILS to HUF:
15 ILS = 15 × 0.00983240236600817 HUF = 0.147486035490122 HUF
Israeli New Sheqel to Hungarian Forint 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.
Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.