Convert Israeli New Sheqel to Cambodian Riel
Please provide values below to convert Israeli New Sheqel [ILS] to Cambodian Riel [KHR], or Convert Cambodian Riel to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Cambodian Riel
1 ILS = 0.000833118868528438 KHR
Example: convert 15 ILS to KHR:
15 ILS = 15 × 0.000833118868528438 KHR = 0.0124967830279266 KHR
Israeli New Sheqel to Cambodian Riel Conversion Table
Israeli New Sheqel | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.