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Ondo to Israeli New Shekel Converter and calculator

Convert 1Ondo (ONDO) to Israeli New Shekel (ILS) equals ₪ 4.5 | 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 Ondo(ONDO) to Israeli New Shekel(ILS). This is the real-time data. The current conversion shows 1 ONDO at a value of 1 ONDO for 4.50 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.

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

ONDO to ILS conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ondo has changed -0.40% to ILS. Based on the trend and price charts, Ondo(ONDO) has changed -0.40% to ILS while Israeli New Shekel(ILS) has changed % to ONDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₪4.55
0.0001% / 0.0004%vip-iconVIP
Huobi
₪4.55
0.1000% / 0.1000%
Yes
Gate.io
₪4.55
0.1000% / 0.1000%
Yes
Bybit
₪4.55
0.1000% / 0.1000%
Yes
KuCoin
₪4.55
0.1000% / 0.1000%
Yes
Last updated 2024/05/29 11:00:15(UTC+0)

How to buy Ondo

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Buy Ondo (ONDO)
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What factors influence the conversion rate of Ondo to Israeli New Shekel?

Ondo to Israeli New Shekel is rising this week.
Ondo's current market price is ₪ 4.5 per ONDO, with a total market cap of ₪ 6,259,266,156.76 ILS based on a circulating supply of 1,389,759,900 ONDO. The trading volume of Ondo has changed by -9.67% (₪ -82,121,030.54 ILS) in the last 24 hours. Last trading day, ONDO's trading volume was ₪ 848,866,371.83.
Market cap
$1.70B
24h volume
$207.89M
Circulating supply
1.39B ONDO

Conversion tables

The exchange rate of Ondo is increasing.
1 ONDO is currently valued at ₪ 4.5 ILS , which means buying 5 ONDO will cost ₪ 22.52 ILS . Similarly, ₪1 ILS can be traded for 0.2220 ONDO, and ₪50 ILS can be converted to 11.1 ONDO, excluding any platform or gas fees.
The exchange rate of 1 ONDO to Israeli New Shekel has changed by +33.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.40%, reaching a high of 4.75 ILS and a low of 4.43 ILS . One month ago, the value of 1 ONDO was ₪ 2.83 ILS , which represents a +59.46% change from its current value. Over the last year, Ondo has changed by
+
0.8101ILS
, resulting in a change of --% in its value.

ONDO to ILS

Amount
11:38 am today
0.5 ONDO
2.25
1 ONDO
4.5
5 ONDO
22.52
10 ONDO
45.04
50 ONDO
225.19
100 ONDO
450.38
500 ONDO
2,251.92
1000 ONDO
4,503.85

ILS to ONDO

Amount11:38 am today
0.5ILS0.1110  ONDO
1ILS0.2220  ONDO
5ILS1.11  ONDO
10ILS2.22  ONDO
50ILS11.1  ONDO
100ILS22.2  ONDO
500ILS111.02  ONDO
1000ILS222.03  ONDO
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Today vs. 24 hours ago

Amount11:38 am today24 hours ago24h change
0.5 ONDO$0.6106$0.6130
-0.40%
1 ONDO$1.22$1.23
-0.40%
5 ONDO$6.11$6.13
-0.40%
10 ONDO$12.21$12.26
-0.40%
50 ONDO$61.06$61.3
-0.40%
100 ONDO$122.12$122.61
-0.40%
500 ONDO$610.58$613.03
-0.40%
1000 ONDO$1,221.15$1,226.06
-0.40%

Today vs. 1 month ago

Amount11:38 am today1 month ago1M change
0.5 ONDO$0.6106$0.3832
+59.46%
1 ONDO$1.22$0.7664
+59.46%
5 ONDO$6.11$3.83
+59.46%
10 ONDO$12.21$7.66
+59.46%
50 ONDO$61.06$38.32
+59.46%
100 ONDO$122.12$76.64
+59.46%
500 ONDO$610.58$383.19
+59.46%
1000 ONDO$1,221.15$766.39
+59.46%
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Today vs. 1 year ago

Amount11:38 am today1 year ago1Y change
0.5 ONDO$0.6106$0.0007555
--
1 ONDO$1.22$0.001511
--
5 ONDO$6.11$0.007555
--
10 ONDO$12.21$0.01511
--
50 ONDO$61.06$0.07555
--
100 ONDO$122.12$0.1511
--
500 ONDO$610.58$0.7555
--
1000 ONDO$1,221.15$1.51
--

Ondo price prediction

What will the price of ONDO be in 2025?

Based on ONDO's historical price performance prediction model, the price of ONDO is projected to reach -- in 2025.

What will the price of ONDO be in 2030?

In 2030, the ONDO price is expected to rise by -18.00%. By the end of 2030, the ONDO price is projected to reach --, with a cumulative ROI of 0.00%.
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Buy Ondo for 1 ILS
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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 Ondo 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 Ondo 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 Ondo 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.

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