Convert Israeli New Sheqel to Thai Baht
Please provide values below to convert Israeli New Sheqel [ILS] to Thai Baht [THB], or Convert Thai Baht to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Thai Baht
1 ILS = 0.103841354004334 THB
Example: convert 15 ILS to THB:
15 ILS = 15 × 0.103841354004334 THB = 1.55762031006501 THB
Israeli New Sheqel to Thai Baht Conversion Table
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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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.