Convert Israeli New Sheqel to Bhutanese Ngultrum
Please provide values below to convert Israeli New Sheqel [ILS] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Bhutanese Ngultrum
1 ILS = 0.0387226727326399 BTN
Example: convert 15 ILS to BTN:
15 ILS = 15 × 0.0387226727326399 BTN = 0.580840090989599 BTN
Israeli New Sheqel to Bhutanese Ngultrum Conversion Table
| Israeli New Sheqel | Bhutanese Ngultrum |
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.