Convert Israeli New Sheqel to Angolan Kwanza
Please provide values below to convert Israeli New Sheqel [ILS] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Angolan Kwanza
1 ILS = 0.0036378458645251 AOA
Example: convert 15 ILS to AOA:
15 ILS = 15 × 0.0036378458645251 AOA = 0.0545676879678765 AOA
Israeli New Sheqel to Angolan Kwanza Conversion Table
| Israeli New Sheqel | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.