Convert Peruvian Nuevo Sol to Israeli New Sheqel
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Israeli New Sheqel
1 PEN = 1.06358744394619 ILS
Example: convert 15 PEN to ILS:
15 PEN = 15 × 1.06358744394619 ILS = 15.9538116591928 ILS
Peruvian Nuevo Sol to Israeli New Sheqel Conversion Table
| Peruvian Nuevo Sol | Israeli New Sheqel |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.