Convert Israeli New Sheqel to Bitcoin
Please provide values below to convert Israeli New Sheqel [ILS] to Bitcoin [BTC], or Convert Bitcoin to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Bitcoin
1 ILS = 395862.248927287 BTC
Example: convert 15 ILS to BTC:
15 ILS = 15 × 395862.248927287 BTC = 5937933.7339093 BTC
Israeli New Sheqel to Bitcoin 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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.