Convert Israeli New Sheqel to Peruvian Nuevo Sol
Please provide values below to convert Israeli New Sheqel [ILS] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Peruvian Nuevo Sol
1 ILS = 0.940214183320685 PEN
Example: convert 15 ILS to PEN:
15 ILS = 15 × 0.940214183320685 PEN = 14.1032127498103 PEN
Israeli New Sheqel to Peruvian Nuevo Sol 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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.