Convert Israeli New Shekel to Malaysian Ringgit
Convert Israeli New Shekel (ILS) to Malaysian Ringgit (MYR) using daily updated exchange rates.
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Exchange Rate
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About Israeli New Shekel
The Israeli New Shekel (ILS) has been the official currency of Israel since 1986, replacing the old shekel at a rate of 1,000 to 1. The shekel is one of the oldest monetary units in human history, mentioned throughout the Hebrew Bible as a weight of silver. The Bank of Israel manages monetary policy with a free-floating exchange rate. Israel has a highly developed, technology-driven economy - often called the "Start-Up Nation" - with significant exports of software, semiconductors, pharmaceuticals, and diamond cutting and polishing. The new shekel is divided into 100 agorot.
About Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia. The word "ringgit" means "jagged" in Malay, describing the milled or serrated edges of old Spanish silver dollars that once circulated in the region. Bank Negara Malaysia manages monetary policy. Malaysia has one of Southeast Asia's most diversified and developed economies, with major exports including electronics, petroleum products, palm oil, rubber, and liquefied natural gas. Malaysia is the world's second largest producer of palm oil.
Quick Reference Table
| Israeli New Shekel (ILS) | Malaysian Ringgit (MYR) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).