Convert Swiss Franc to Israeli New Sheqel
Please provide values below to convert Swiss Franc [CHF] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Swiss Franc.
How to Convert Swiss Franc to Israeli New Sheqel
1 CHF = 0.237638266068759 ILS
Example: convert 15 CHF to ILS:
15 CHF = 15 × 0.237638266068759 ILS = 3.56457399103139 ILS
Swiss Franc to Israeli New Sheqel Conversion Table
| Swiss Franc | Israeli New Sheqel |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.