Convert Israeli New Sheqel to Moldovan Leu
Please provide values below to convert Israeli New Sheqel [ILS] to Moldovan Leu [MDL], or Convert Moldovan Leu to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Moldovan Leu
1 ILS = 0.197362598460041 MDL
Example: convert 15 ILS to MDL:
15 ILS = 15 × 0.197362598460041 MDL = 2.96043897690061 MDL
Israeli New Sheqel to Moldovan Leu 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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.