Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

Turkmenistani Manat

Turkmenistani Manat

The manat is the currency of Turkmenistan. It was introduced on 1 November 1993, replacing the Russian ruble at a rate of 1 manat = 500 rubles. The ISO 4217 code was TMM, and the manat was subdivided into 100 tenge. The abbreviation m is sometimes used, e.g., 25 000 m is twenty-five thousand manat. On January 1, 2009, the new manat was introduced with ISO 4217 code TMT at the rate of 5000 old manat to 1 new manat.

1 Israeli Shekel to Turkmenistani Manat exchange rates chart

1 ILS to TMT exchange rates graph
1 ILS to TMT Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 ILS to TMT exchange rates table

Exchange ILS to TMT
1 Israeli Shekel = 0.952 Turkmenistani Manat
2 Israeli Shekel = 1.905 Turkmenistani Manat
5 Israeli Shekel = 4.762 Turkmenistani Manat
10 Israeli Shekel = 9.524 Turkmenistani Manat
Exchange Israeli Shekel to Turkmenistani Manat
1 Israeli Shekel to Turkmenistani Manat Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 ILS to TMT exchange rates news

Smuggler caught at Gaza border with coins from time of Alexander the Great
Smuggler caught at Gaza border with coins from time of Alexander the Great

Palestinian man was attempting to take two 'rare, highly prized' tetradrachm coins, imprinted in Babylon and northern Greece between 323 and 325 BCE, out of territory

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Grapevine: An ongoing legacy
Grapevine: An ongoing legacy

What do Lord Roderick Balfour, former Jewish Agency chairman Natan Sharansky and the State of Israel have in common? All three came into being in 1948. The interesting coincidence came to light this week at a gala dinner celebrating the 101st anniversary of the Balfour Declaration hosted by the Israel Britain and the Commonwealth Association at the Hilton Hotel, Tel Aviv. Lord Balfour, who is no stranger to Israel, and Sharansky were the guest speakers. Balfour – utilizing that characteristically British mix of wry self-deprecation, humor and wit – kept his audience alert as he made some interesting historical and emotional points. Sharansky noted that 101 years earlier, news of the Balfour Declaration and the Bolshevik Revolution had been published on the same day in newspapers. Not much attention was paid at that time to the Balfour Declaration, but the Bolshevik Revolution was hailed as something that would change the course of history. Before either of them spoke, there were the traditional toasts to the president of Israel and the queen of England. In making the toast to President Reuven Rivlin, British Ambassador David Quarrey said he was a great admirer of Rivlin, but was taken aback when presenting his credentials when Rivlin had asked him on camera when the queen would visit Israel. Although that visit did not take place, Quarrey was delighted to have accompanied Prince William to meet the president.

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CISF detects high volume of foreign currency at Mumbai Airport

Uniindia: New Delhi, Nov 5 (UNI) The Central Industrial Security Force (CISF) on Sunday detected a high volume of foreign currencies worth over Rs 12 lakh, an official release said here on Monday.

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UK, Malta buy oil products in Turkmenistan

Last week, 14 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan

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Turkmenistan discusses currency regulation issues with IMF

Trend News Agency is a leading news provider from the Caucasus, Caspian and Central Asian regions. Latest news from Azerbaijan, Georgia, Kazakhstan, Turkmenistan, Uzbekistan, Iran and Turkey.

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Turkmenistan says close to Russia gas deal, but Gazprom stays quiet

Turkmenistan said on Tuesday it was in talks about restarting natural gas exports to Russia as soon as next year, but Russian gas giant Gazprom did not corroborate the statement.

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1 ILS to TMT currency converter