Convert Namibian Dollar to Israeli New Sheqel
Please provide values below to convert Namibian Dollar [NAD] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Namibian Dollar.
How to Convert Namibian Dollar to Israeli New Sheqel
1 NAD = 5.25162929745889 ILS
Example: convert 15 NAD to ILS:
15 NAD = 15 × 5.25162929745889 ILS = 78.7744394618834 ILS
Namibian Dollar to Israeli New Sheqel Conversion Table
| Namibian Dollar | Israeli New Sheqel |
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Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.