Convert Brazilian Real to Israeli New Sheqel
Please provide values below to convert Brazilian Real [BRL] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Brazilian Real.
How to Convert Brazilian Real to Israeli New Sheqel
1 BRL = 1.66427503736921 ILS
Example: convert 15 BRL to ILS:
15 BRL = 15 × 1.66427503736921 ILS = 24.9641255605381 ILS
Brazilian Real to Israeli New Sheqel Conversion Table
| Brazilian Real | Israeli New Sheqel |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.