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About this currency pair
United Arab Emirates Dirham (AED) — the currency of the United Arab Emirates
The United Arab Emirates dirham is used in the UAE, a major hub for travel, trade, logistics, finance and expatriate employment. AED conversions are common for Dubai and Abu Dhabi tourism, salaries, remittances, property prices, oil-related business and comparisons with USD, EUR and regional Gulf currencies.
Israeli New Sheqel (ILS) — the currency of Israel
The new shekel replaced the old shekel in 1985 after Israel’s stabilization reforms, so ILS is the modern code for current Israeli prices. The Israeli New Sheqel is used in Israel and often appears in travel spending, public fees, salaries, remittances, trade and regional business invoices. Conversions are useful for travel, remittances, local pricing, accounting records and comparing costs with larger international currencies. For conversion pages, ILS is useful when translating local prices into major reference currencies or comparing historical and current market values.