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Voxies to Israeli New Shekel Converter and calculator

Convert 1Voxies (VOXEL) to Israeli New Shekel (ILS) equals ₪ 0.8083 | 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 Voxies(VOXEL) to Israeli New Shekel(ILS). This is the real-time data. The current conversion shows 1 VOXEL at a value of 1 VOXEL for 0.81 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 Voxies currency pair is the VOXEL to ILS, with for Voxies's currency code being VOXEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ILS.

VOXEL to ILS conversion rate trend

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In the past 1D, Voxies has changed -3.25% to ILS. Based on the trend and price charts, Voxies(VOXEL) has changed -3.25% to ILS while Israeli New Shekel(ILS) has changed % to VOXEL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₪0.8198
0.0001% / 0.0004%vip-iconVIP
Binance
₪0.8174
0.1000% / 0.1000%
Yes
Huobi
₪0.8171
0.1000% / 0.1000%
Yes
Gate.io
₪0.8182
0.1000% / 0.1000%
Yes
KuCoin
₪0.8152
0.1000% / 0.1000%
Yes
Last updated 2024/05/22 18:00:19(UTC+0)

How to buy Voxies

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

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

Voxies to Israeli New Shekel is rising this week.
Voxies's current market price is ₪ 0.8083 per VOXEL, with a total market cap of ₪ 141,885,185.8 ILS based on a circulating supply of 175,540,670 VOXEL. The trading volume of Voxies has changed by -26.44% (₪ -5,861,957.94 ILS) in the last 24 hours. Last trading day, VOXEL's trading volume was ₪ 22,172,135.77.
Market cap
$38.62M
24h volume
$4.44M
Circulating supply
175.54M VOXEL

Conversion tables

The exchange rate of Voxies is decreasing.
1 VOXEL is currently valued at ₪ 0.8083 ILS , which means buying 5 VOXEL will cost ₪ 4.04 ILS . Similarly, ₪1 ILS can be traded for 1.24 VOXEL, and ₪50 ILS can be converted to 61.86 VOXEL, excluding any platform or gas fees.
The exchange rate of 1 VOXEL to Israeli New Shekel has changed by +1.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.25%, reaching a high of 0.8390 ILS and a low of 0.8026 ILS . One month ago, the value of 1 VOXEL was ₪ 1.02 ILS , which represents a -20.68% change from its current value. Over the last year, Voxies has changed by
+
0.1420ILS
, resulting in a change of +21.26% in its value.

VOXEL to ILS

Amount
18:36 today
0.5 VOXEL
0.4041
1 VOXEL
0.8083
5 VOXEL
4.04
10 VOXEL
8.08
50 VOXEL
40.41
100 VOXEL
80.83
500 VOXEL
404.14
1000 VOXEL
808.28

ILS to VOXEL

Amount18:36 today
0.5ILS0.6186  VOXEL
1ILS1.24  VOXEL
5ILS6.19  VOXEL
10ILS12.37  VOXEL
50ILS61.86  VOXEL
100ILS123.72  VOXEL
500ILS618.6  VOXEL
1000ILS1,237.2  VOXEL
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Today vs. 24 hours ago

Amount18:36 today24 hours ago24h change
0.5 VOXEL$0.1100$0.1137
-3.25%
1 VOXEL$0.2200$0.2274
-3.25%
5 VOXEL$1.1$1.14
-3.25%
10 VOXEL$2.2$2.27
-3.25%
50 VOXEL$11$11.37
-3.25%
100 VOXEL$22$22.74
-3.25%
500 VOXEL$110$113.7
-3.25%
1000 VOXEL$220$227.4
-3.25%

Today vs. 1 month ago

Amount18:36 today1 month ago1M change
0.5 VOXEL$0.1100$0.1387
-20.68%
1 VOXEL$0.2200$0.2775
-20.68%
5 VOXEL$1.1$1.39
-20.68%
10 VOXEL$2.2$2.77
-20.68%
50 VOXEL$11$13.87
-20.68%
100 VOXEL$22$27.75
-20.68%
500 VOXEL$110$138.74
-20.68%
1000 VOXEL$220$277.48
-20.68%
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Today vs. 1 year ago

Amount18:36 today1 year ago1Y change
0.5 VOXEL$0.1100$0.09068
+21.26%
1 VOXEL$0.2200$0.1814
+21.26%
5 VOXEL$1.1$0.9068
+21.26%
10 VOXEL$2.2$1.81
+21.26%
50 VOXEL$11$9.07
+21.26%
100 VOXEL$22$18.14
+21.26%
500 VOXEL$110$90.68
+21.26%
1000 VOXEL$220$181.36
+21.26%

Voxies price prediction

What will the price of VOXEL be in 2025?

Based on VOXEL's historical price performance prediction model, the price of VOXEL is projected to reach $0.2744 in 2025.

What will the price of VOXEL be in 2030?

In 2030, the VOXEL price is expected to rise by -15.00%. By the end of 2030, the VOXEL price is projected to reach $0.4267, with a cumulative ROI of +93.94%.
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FAQ

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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.