Convert Israeli New Sheqel to New Taiwan Dollar
Please provide values below to convert Israeli New Sheqel [ILS] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Israeli New Sheqel.
How to Convert Israeli New Sheqel to New Taiwan Dollar
1 ILS = 0.113911118678699 TWD
Example: convert 15 ILS to TWD:
15 ILS = 15 × 0.113911118678699 TWD = 1.70866678018049 TWD
Israeli New Sheqel to New Taiwan Dollar 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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.