Convert Israeli New Sheqel to Macedonian Denar
Please provide values below to convert Israeli New Sheqel [ILS] to Macedonian Denar [MKD], or Convert Macedonian Denar to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Macedonian Denar
1 ILS = 0.0632973670566062 MKD
Example: convert 15 ILS to MKD:
15 ILS = 15 × 0.0632973670566062 MKD = 0.949460505849093 MKD
Israeli New Sheqel to Macedonian Denar Conversion Table
| Israeli New Sheqel | Macedonian Denar |
|---|
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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.