Convert Israeli New Sheqel to Malawian Kwacha
Please provide values below to convert Israeli New Sheqel [ILS] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Malawian Kwacha
1 ILS = 0.00191855980340182 MWK
Example: convert 15 ILS to MWK:
15 ILS = 15 × 0.00191855980340182 MWK = 0.0287783970510273 MWK
Israeli New Sheqel to Malawian Kwacha Conversion Table
| Israeli New Sheqel | Malawian Kwacha |
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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.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.