Convert Israeli New Sheqel to South Korean Won
Please provide values below to convert Israeli New Sheqel [ILS] to South Korean Won [KRW], or Convert South Korean Won to Israeli New Sheqel.
How to Convert Israeli New Sheqel to South Korean Won
1 ILS = 0.00241940523569419 KRW
Example: convert 15 ILS to KRW:
15 ILS = 15 × 0.00241940523569419 KRW = 0.0362910785354129 KRW
Israeli New Sheqel to South Korean Won Conversion Table
| Israeli New Sheqel | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.