Convert Israeli New Sheqel to Salvadoran Colón
Please provide values below to convert Israeli New Sheqel [ILS] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Salvadoran Colón
1 ILS = 0.382751358652898 SVC
Example: convert 15 ILS to SVC:
15 ILS = 15 × 0.382751358652898 SVC = 5.74127037979347 SVC
Israeli New Sheqel to Salvadoran Colón Conversion Table
| Israeli New Sheqel | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.