Convert Qatari Rial to Israeli New Sheqel
Please provide values below to convert Qatari Rial [QAR] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Qatari Rial.
How to Convert Qatari Rial to Israeli New Sheqel
1 QAR = 1.0881913303438 ILS
Example: convert 15 QAR to ILS:
15 QAR = 15 × 1.0881913303438 ILS = 16.3228699551569 ILS
Qatari Rial to Israeli New Sheqel Conversion Table
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.