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Scalia Infrastructure to Israeli New Shekel Converter and calculator

Convert 1Scalia Infrastructure (SCALE) to Israeli New Shekel (ILS) equals ₪ 0.009303 | Bitget
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Last updated 2024/12/26 04:49:07 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Scalia Infrastructure(SCALE) to Israeli New Shekel(ILS). This is the real-time data. The current conversion shows 1 SCALE at a value of 1 SCALE for 0.01 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 Scalia Infrastructure currency pair is the SCALE to ILS, with for Scalia Infrastructure's currency code being SCALE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ILS.

SCALE to ILS conversion rate trend

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Live Scalia Infrastructure (SCALE) price chart
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In the past 1D, Scalia Infrastructure has changed +0.27% to ILS. Based on the trend and price charts, Scalia Infrastructure(SCALE) has changed +0.27% to ILS while Israeli New Shekel(ILS) has changed -0.27% to SCALE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₪0.009309
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/26 00:31:29(UTC+0)

How to buy Scalia Infrastructure

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

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

Bitget P2P trading does not currently support direct buying of SCALE with ILS. However, you can buy USDT in Bitget P2P trading first, and then buy SCALE with USDT via Bitget spot market.
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Low to high
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Sell SCALE (or USDT) for ILS (Israeli New Shekel) offers

Bitget P2P trading currently does not support direct selling of SCALE to ILS. However, you can first exchange SCALE for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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High to low
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What factors influence the conversion rate of Scalia Infrastructure to Israeli New Shekel?

Scalia Infrastructure to Israeli New Shekel is falling this week.
Scalia Infrastructure's current market price is ₪ 0.009303 per SCALE, with a total market cap of ₪ 902,593.05 ILS based on a circulating supply of 97,022,936 SCALE. The trading volume of Scalia Infrastructure has changed by -12.08% (₪ -206.48 ILS) in the last 24 hours. Last trading day, SCALE's trading volume was ₪ 1,708.59.
Market cap
$247.20K
24h volume
$411.40348257
Circulating supply
97.02M SCALE

Conversion tables

The exchange rate of Scalia Infrastructure is decreasing.
1 SCALE is currently valued at ₪ 0.009303 ILS , which means buying 5 SCALE will cost ₪ 0.04651 ILS . Similarly, ₪1 ILS can be traded for 107.49 SCALE, and ₪50 ILS can be converted to 5,374.68 SCALE, excluding any platform or gas fees.
The exchange rate of 1 SCALE to Israeli New Shekel has changed by -11.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.27%, reaching a high of 0.009403 ILS and a low of 0.009278 ILS . One month ago, the value of 1 SCALE was ₪ 0.01429 ILS , which represents a -34.89% change from its current value. Over the last year, Scalia Infrastructure has changed by
-
1.51ILS
, resulting in a change of -99.39% in its value.

SCALE to ILS

Amount
04:49 am today
0.5 SCALE
0.004651
1 SCALE
0.009303
5 SCALE
0.04651
10 SCALE
0.09303
50 SCALE
0.4651
100 SCALE
0.9303
500 SCALE
4.65
1000 SCALE
9.3

ILS to SCALE

Amount04:49 am today
0.5ILS53.75  SCALE
1ILS107.49  SCALE
5ILS537.47  SCALE
10ILS1,074.94  SCALE
50ILS5,374.68  SCALE
100ILS10,749.36  SCALE
500ILS53,746.78  SCALE
1000ILS107,493.55  SCALE

Today vs. 24 hours ago

Amount04:49 am today24 hours ago24h change
0.5 SCALE$0.001274$0.001270
+0.27%
1 SCALE$0.002548$0.002541
+0.27%
5 SCALE$0.01274$0.01270
+0.27%
10 SCALE$0.02548$0.02541
+0.27%
50 SCALE$0.1274$0.1270
+0.27%
100 SCALE$0.2548$0.2541
+0.27%
500 SCALE$1.27$1.27
+0.27%
1000 SCALE$2.55$2.54
+0.27%

Today vs. 1 month ago

Amount04:49 am today1 month ago1M change
0.5 SCALE$0.001274$0.001957
-34.89%
1 SCALE$0.002548$0.003913
-34.89%
5 SCALE$0.01274$0.01957
-34.89%
10 SCALE$0.02548$0.03913
-34.89%
50 SCALE$0.1274$0.1957
-34.89%
100 SCALE$0.2548$0.3913
-34.89%
500 SCALE$1.27$1.96
-34.89%
1000 SCALE$2.55$3.91
-34.89%

Today vs. 1 year ago

Amount04:49 am today1 year ago1Y change
0.5 SCALE$0.001274$0.2074
-99.39%
1 SCALE$0.002548$0.4149
-99.39%
5 SCALE$0.01274$2.07
-99.39%
10 SCALE$0.02548$4.15
-99.39%
50 SCALE$0.1274$20.74
-99.39%
100 SCALE$0.2548$41.49
-99.39%
500 SCALE$1.27$207.43
-99.39%
1000 SCALE$2.55$414.86
-99.39%

Scalia Infrastructure price prediction

What will the price of SCALE be in 2025?

Based on SCALE's historical price performance prediction model, the price of SCALE is projected to reach $0.05479 in 2025.

What will the price of SCALE be in 2030?

In 2030, the SCALE price is expected to change by +1.00%. By the end of 2030, the SCALE price is projected to reach $0.08114, with a cumulative ROI of +3127.82%.

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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.