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Akash Network to Israeli New Shekel Converter and calculator

Convert 1Akash Network (AKT) to Israeli New Shekel (ILS) equals ₪ 11.55 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Akash Network(AKT) to Israeli New Shekel(ILS). This is the real-time data. The current conversion shows 1 AKT at a value of 1 AKT for 11.55 ILS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

ILS information

About the Israeli New Shekel (ILS)

What Is the Israeli New Shekel (ILS)?

The Israeli New Shekel (ILS), symbolized as ₪ and sometimes abbreviated as NIS, is the official currency of Israel. ILS is the international three-letter abbreviation for this currency, which has been in use since 1986. The new shekel replaced the hyper-inflated original shekel at a ratio of 1000 to 1. At the time of its introduction, it was identified by the abbreviation NIS to distinguish it from the old shekel. The Israeli New Shekel is subdivided into 100 agorot and is also used in the Palestinian territories of the West Bank and the Gaza Strip.

The Israeli New Shekel is issued by the Bank of Israel, which is the central bank of Israel. The Bank of Israel is responsible for the design, production, and distribution of the nation's currency, as well as for implementing monetary policy, maintaining financial stability, and managing foreign exchange reserves. The bank's role in issuing currency includes ensuring the security and integrity of the Israeli New Shekel, both in terms of coins and banknotes.

What Is the History of ILS?

The term "shekel" has ancient roots, originating from a Biblical currency and unit of weight. The modern Israeli currency system evolved through various stages, starting with the Palestine pound issued by the Anglo-Palestine Bank up to 1952. This was replaced by the Israeli pound (lira yisraelit) in 1952, which was in turn replaced by the shekel in 1980. Due to hyperinflation, the old shekel was replaced by the new shekel in 1986.

Notes and Coins of ILS

The Israeli New Shekel (ILS) features a diverse array of coins and banknotes that are not only integral to daily transactions but also reflect the country's rich cultural heritage. The coin denominations include 5 and 10 agorot, and ½, 1, 2, 5, and 10 new shekels. The Bank of Israel introduced a new series of coins with updated inscriptions in 2022. The banknotes, in denominations of 20, 50, 100, and 200 new shekels. The banknotes incorporate advanced security features and are printed by Orell Füssli Security Printing in Switzerland.

Economic Stability and Exchange Rates

Since the 1980s economic crisis, Israel has adopted conservative fiscal and monetary policies, leading to a more stable economy and currency. The new shekel has been a freely convertible currency since 2003 and is traded on global markets. Over the years, the shekel has strengthened against major currencies like the US dollar, reflecting Israel's growing economic stability.

The new shekel's value has fluctuated over time against various currencies. Its exchange rate against major currencies like the US dollar, euro, and pound sterling has been influenced by global economic trends and Israel's economic policies.

Is ILS a Strong Currency?

The Israeli New Shekel is recognized as one of the world's strongest currencies, a status supported by Israel's stable economy, low inflation, and substantial foreign exchange reserves. Ranking 12th globally in foreign investment, with significant growth in recent years, the shekel benefits from Israel's robust economic performance and investor confidence. The thriving technology sector and strategic global trade position further reinforce its strength. As a free-floating fiat currency, the shekel's value, notably strong against the US dollar, reflects market trust. Despite potential sensitivities to regional geopolitics and internal political shifts, the shekel's resilience, especially during global economic downturns, indicates a promising outlook for Israel's economy and its currency.

What Is the Difference Between Israeli New Shekel and Israeli Old Shekel?

The transition from the Israeli Old Shekel to the Israeli New Shekel marked a significant shift in Israel's monetary history, primarily driven by the need to combat hyperinflation and stabilize the economy. The Old Shekel, in circulation from 1980 to 1985, suffered from severe devaluation and economic instability, leading to its replacement in 1986 by the New Shekel at a ratio of 1000:1. This change was a crucial part of Israel's broader economic stabilization plan, which included adopting more conservative fiscal and monetary policies. The introduction of the New Shekel not only curbed the rampant inflation but also restored confidence in the national currency. It brought with it new banknotes and coins featuring updated designs and enhanced security features, reflecting both the cultural aspects of the time and the need for a more robust and stable monetary system.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Akash Network currency pair is the AKT to ILS, with for Akash Network's currency code being AKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ILS.

AKT to ILS conversion rate trend

1D7D1M3M1YAll
In the past 1D, Akash Network has changed -3.75% to ILS. Based on the trend and price charts, Akash Network(AKT) has changed -3.75% to ILS while Israeli New Shekel(ILS) has changed % to AKT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₪11.55
0.0200% / 0.0320%vip-iconVIP 7
Huobi
₪11.55
0.1000% / 0.1000%
Yes
Gate.io
₪11.51
0.1000% / 0.1000%
Yes
KuCoin
₪11.52
0.1000% / 0.1000%
Yes
Last updated 2024/06/21 04:00:14(UTC+0)

How to buy Akash Network

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Buy Akash Network (AKT)
Use a variety of payment options to buy Akash Network on Bitget. We'll show you how.

Buy AKT (or USDT) for ILS (Israeli New Shekel) offers

Bitget P2P trading does not currently support direct buying of AKT with ILS. However, you can buy USDT in Bitget P2P trading first, and then buy AKT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
金边安欣币行Verified Merchant
362 tradesCompletion rate 98.00%
1.01 USD
Amount875.14 USDT
Limit10 - 835 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
m
mundocriptoVerified Merchant
30 tradesCompletion rate 91.00%
1.018 USD
Amount410.18 USDT
Limit10 - 200 USD
Volet.com(Formerly Advcash)
Buy
S
SpiderFinance SFVerified Merchant
26 tradesCompletion rate 84.00%
1.028 USD
Amount499.99 USDT
Limit10 - 512.972 USD
Wise
Buy
Q
QuickResponse100%Verified Merchant
336 tradesCompletion rate 98.00%
1.029 USD
Amount52 USDT
Limit10 - 53 USD
Volet.com(Formerly Advcash)Air TM
Buy
I
Itzsheikhs Verified Merchant
225 tradesCompletion rate 99.00%
1.029 USD
Amount1496.14 USDT
Limit300 - 1539 USD
Wise
Buy

Sell AKT (or USDT) for ILS (Israeli New Shekel) offers

Bitget P2P trading currently does not support direct selling of AKT to ILS. However, you can first exchange AKT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
L
Lucas Carbal Trades Verified Merchant
25 tradesCompletion rate 89.00%
1.21 USD
Amount42100.86 USDT
Limit1000 - 46740 USD
Bank TransferBank of GeorgiaVolet.com(Formerly Advcash)RevolutZen
Sell
M
MILENA DOS SANTOSVerified Merchant
7 tradesCompletion rate 100.00%
1.2 USD
Amount39000 USDT
Limit2500 - 38000 USD
Bank Transfer
Sell
Q
QuickResponse100%Verified Merchant
336 tradesCompletion rate 98.00%
1.13 USD
Amount11.1 USDT
Limit10 - 12 USD
WebMoney
Sell
c
cR7_traderVerified Merchant
9 tradesCompletion rate 69.00%
1.1 USD
Amount4993.23 USDT
Limit100 - 5000 USD
WebMoney
Sell
D
DimTradeVerified Merchant
0 tradesCompletion rate 0.00%
1.1 USD
Amount4502.79 USDT
Limit100 - 1000 USD
WebMoney
Sell

What factors influence the conversion rate of Akash Network to Israeli New Shekel?

Akash Network to Israeli New Shekel is falling this week.
Akash Network's current market price is ₪ 11.55 per AKT, with a total market cap of ₪ 2,785,864,054.92 ILS based on a circulating supply of 241,210,290 AKT. The trading volume of Akash Network has changed by -37.94% (₪ -50,594,967.39 ILS) in the last 24 hours. Last trading day, AKT's trading volume was ₪ 133,338,342.53.
Market cap
$748.12M
24h volume
$22.22M
Circulating supply
241.21M AKT

Conversion tables

The exchange rate of Akash Network is decreasing.
1 AKT is currently valued at ₪ 11.55 ILS , which means buying 5 AKT will cost ₪ 57.75 ILS . Similarly, ₪1 ILS can be traded for 0.08658 AKT, and ₪50 ILS can be converted to 4.33 AKT, excluding any platform or gas fees.
The exchange rate of 1 AKT to Israeli New Shekel has changed by -4.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.75%, reaching a high of 12.33 ILS and a low of 11.36 ILS . One month ago, the value of 1 AKT was ₪ 21.34 ILS , which represents a -45.86% change from its current value. Over the last year, Akash Network has changed by
+
1.67ILS
, resulting in a change of +373.03% in its value.

AKT to ILS

Amount
04:22 am today
0.5 AKT
5.77
1 AKT
11.55
5 AKT
57.75
10 AKT
115.5
50 AKT
577.48
100 AKT
1,154.95
500 AKT
5,774.76
1000 AKT
11,549.52

ILS to AKT

Amount04:22 am today
0.5ILS0.04329  AKT
1ILS0.08658  AKT
5ILS0.4329  AKT
10ILS0.8658  AKT
50ILS4.33  AKT
100ILS8.66  AKT
500ILS43.29  AKT
1000ILS86.58  AKT
Buy Akash Network for 1 ILS
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Today vs. 24 hours ago

Amount04:22 am today24 hours ago24h change
0.5 AKT$1.55$1.61
-3.75%
1 AKT$3.1$3.22
-3.75%
5 AKT$15.51$16.11
-3.75%
10 AKT$31.02$32.22
-3.75%
50 AKT$155.08$161.12
-3.75%
100 AKT$310.15$322.25
-3.75%
500 AKT$1,550.77$1,611.23
-3.75%
1000 AKT$3,101.54$3,222.46
-3.75%

Today vs. 1 month ago

Amount04:22 am today1 month ago1M change
0.5 AKT$1.55$2.87
-45.86%
1 AKT$3.1$5.73
-45.86%
5 AKT$15.51$28.65
-45.86%
10 AKT$31.02$57.31
-45.86%
50 AKT$155.08$286.55
-45.86%
100 AKT$310.15$573.09
-45.86%
500 AKT$1,550.77$2,865.46
-45.86%
1000 AKT$3,101.54$5,730.92
-45.86%
Buy Akash Network for 1 ILS
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Akash Network now

Today vs. 1 year ago

Amount04:22 am today1 year ago1Y change
0.5 AKT$1.55$0.3267
+373.03%
1 AKT$3.1$0.6533
+373.03%
5 AKT$15.51$3.27
+373.03%
10 AKT$31.02$6.53
+373.03%
50 AKT$155.08$32.67
+373.03%
100 AKT$310.15$65.33
+373.03%
500 AKT$1,550.77$326.66
+373.03%
1000 AKT$3,101.54$653.31
+373.03%

Akash Network price prediction

What will the price of AKT be in 2025?

Based on AKT's historical price performance prediction model, the price of AKT is projected to reach $5.03 in 2025.

What will the price of AKT be in 2030?

In 2030, the AKT price is expected to rise by +1.00%. By the end of 2030, the AKT price is projected to reach $7.53, with a cumulative ROI of +142.94%.
Buy Akash Network for 1 ILS
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Akash Network now

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Buy Akash Network for 1 ILS
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Akash Network for 1 ILS
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Akash Network now

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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Akash Network and ILS.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Akash Network and ILS. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Akash Network in ILS, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Akash Network for 1 ILS

A welcome pack worth 1000 USDT for new Bitgetters!

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.