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Easily convert ILS to TZS 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 Tanzanian Shilling (TZS) is the official currency of Tanzania, used for all domestic transactions within the country. It is subdivided into 100 cents and is issued by the Bank of Tanzania, which regulates its supply and value.