Convert Israeli New Sheqel to Chinese Yuan (Offshore)
Please provide values below to convert Israeli New Sheqel [ILS] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Chinese Yuan (Offshore)
1 ILS = 0.466428381490727 CNH
Example: convert 15 ILS to CNH:
15 ILS = 15 × 0.466428381490727 CNH = 6.99642572236091 CNH
Israeli New Sheqel to Chinese Yuan (Offshore) 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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.