Convert Kazakhstani Tenge to Israeli New Sheqel
Please provide values below to convert Kazakhstani Tenge [KZT] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Israeli New Sheqel
1 KZT = 159.852974588939 ILS
Example: convert 15 KZT to ILS:
15 KZT = 15 × 159.852974588939 ILS = 2397.79461883408 ILS
Kazakhstani Tenge to Israeli New Sheqel Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.