Convert Israeli New Sheqel to Bahraini Dinar
Please provide values below to convert Israeli New Sheqel [ILS] to Bahraini Dinar [BHD], or Convert Bahraini Dinar to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Bahraini Dinar
1 ILS = 8.89627659574468 BHD
Example: convert 15 ILS to BHD:
15 ILS = 15 × 8.89627659574468 BHD = 133.44414893617 BHD
Israeli New Sheqel to Bahraini Dinar 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.
Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.