Convert Israeli New Sheqel to Turkish Lira
Please provide values below to convert Israeli New Sheqel [ILS] to Turkish Lira [TRY], or Convert Turkish Lira to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Turkish Lira
1 ILS = 0.0827137017905229 TRY
Example: convert 15 ILS to TRY:
15 ILS = 15 × 0.0827137017905229 TRY = 1.24070552685784 TRY
Israeli New Sheqel to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.