Israeli New Shekel (₪) to Malaysian Ringgit (RM) Conversion
| Currency | Amount | Variation (%) |
|---|---|---|
 ILS | 1 | - |
 MYR | 1.352 | +0.1192% |
 USD | 0.3439 | +0.1034% |
 EUR | 0.2934 | +0.3169% |
 GBP | 0.2541 | +0.2694% |
 JPY | 54.3048 | +0.3278% |
 CAD | 0.4711 | +0.0676% |
 BRL | 1.6874 | +0.2611% |
 CNY | 2.336 | +0.0643% |
 AUD | 0.4757 | +0.0146% |
 CHF | 0.269 | +0.283% |
Updated: May 13, 2026
Israeli New Shekel
The Israeli New Shekel (ILS) is the official currency of Israel, introduced in 1986 to replace the old shekel after hyperinflation. Managed by the Bank of Israel, the shekel has become one of the world's more resilient emerging market currencies, supported by Israel's strong technology sector — particularly cybersecurity, medical devices, and agriculture technology — and significant foreign direct investment. The shekel symbol (₪) combines the Hebrew letters shin (ש) and nun (נ).
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, managed by Bank Negara Malaysia. "Ringgit" means "jagged" in Malay, referring to the serrated edges of Spanish silver dollars that once circulated in the region. Malaysia is a significant producer and exporter of electronics, palm oil, petroleum, and rubber. The MYR was briefly pegged to the USD at 3.80 from 1998 to 2005 following the Asian financial crisis, before transitioning to a managed float.
Frequently Asked Questions (FAQ)
How many Malaysian Ringgit are in 1 Israeli New Shekel?
1 Israeli New Shekel (₪) is exactly 1 Malaysian Ringgit (RM).
How do I convert Israeli New Shekel to Malaysian Ringgit?
Multiply the value in Israeli New Shekel by 1 to get the result in Malaysian Ringgit. Or use the converter above — type any number and see the result instantly.