Convert Israeli New Sheqel to Papua New Guinean Kina
Please provide values below to convert Israeli New Sheqel [ILS] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Papua New Guinean Kina
1 ILS = 0.796542363194742 PGK
Example: convert 15 ILS to PGK:
15 ILS = 15 × 0.796542363194742 PGK = 11.9481354479211 PGK
Israeli New Sheqel to Papua New Guinean Kina 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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.