Convert Israeli New Sheqel to Burundian Franc
Please provide values below to convert Israeli New Sheqel [ILS] to Burundian Franc [BIF], or Convert Burundian Franc to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Burundian Franc
1 ILS = 0.00112664329513356 BIF
Example: convert 15 ILS to BIF:
15 ILS = 15 × 0.00112664329513356 BIF = 0.0168996494270034 BIF
Israeli New Sheqel to Burundian Franc 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.
Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.