Convert Israeli New Sheqel to Rwandan Franc
Please provide values below to convert Israeli New Sheqel [ILS] to Rwandan Franc [RWF], or Convert Rwandan Franc to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Rwandan Franc
1 ILS = 0.00231108551375673 RWF
Example: convert 15 ILS to RWF:
15 ILS = 15 × 0.00231108551375673 RWF = 0.0346662827063509 RWF
Israeli New Sheqel to Rwandan Franc Conversion Table
| Israeli New Sheqel | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.