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Easily convert ILS to MZN with ConvertOnline's efficient tool.
The Israeli New Sheqel (ILS) is the official currency of Israel, introduced in 1985 to replace the old Sheqel. It is subdivided into 100 agorot and is used for all monetary transactions within the country, playing a critical role in the Israeli economy and international trade.
The Mozambican Metical (MZN) is the official currency of Mozambique, introduced in 1980 to replace the previous currency, the Mozambican escudo. It serves as a medium of exchange for goods and services within the country and is subdivided into 100 centavos. The Metical is crucial for economic transactions and plays a significant role in the country's monetary policy.