Convert Israeli New Sheqel to Maldivian Rufiyaa
Please provide values below to convert Israeli New Sheqel [ILS] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Maldivian Rufiyaa
1 ILS = 0.216670337215478 MVR
Example: convert 15 ILS to MVR:
15 ILS = 15 × 0.216670337215478 MVR = 3.25005505823218 MVR
Israeli New Sheqel to Maldivian Rufiyaa Conversion Table
| Israeli New Sheqel | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.