Convert Israeli New Sheqel to Myanma Kyat
Please provide values below to convert Israeli New Sheqel [ILS] to Myanma Kyat [MMK], or Convert Myanma Kyat to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Myanma Kyat
1 ILS = 0.00159146218835709 MMK
Example: convert 15 ILS to MMK:
15 ILS = 15 × 0.00159146218835709 MMK = 0.0238719328253564 MMK
Israeli New Sheqel to Myanma Kyat Conversion Table
| Israeli New Sheqel | Myanma Kyat |
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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.
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.