Convert Israeli New Sheqel to Brazilian Real
Please provide values below to convert Israeli New Sheqel [ILS] to Brazilian Real [BRL], or Convert Brazilian Real to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Brazilian Real
1 ILS = 0.600862223818933 BRL
Example: convert 15 ILS to BRL:
15 ILS = 15 × 0.600862223818933 BRL = 9.012933357284 BRL
Israeli New Sheqel to Brazilian Real 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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.