Convert Israeli New Sheqel to Uzbekistan Som
Please provide values below to convert Israeli New Sheqel [ILS] to Uzbekistan Som [UZS], or Convert Uzbekistan Som to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Uzbekistan Som
1 ILS = 0.000263251686563838 UZS
Example: convert 15 ILS to UZS:
15 ILS = 15 × 0.000263251686563838 UZS = 0.00394877529845757 UZS
Israeli New Sheqel to Uzbekistan Som Conversion Table
| Israeli New Sheqel | Uzbekistan Som |
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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.
Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.