Salary Conversion (Israel ↔ World)

Converts salaries between the Israeli convention (monthly in shekels / NIS / ILS) and the world convention (annual in local currency).

Direction 1 — Israel → world

Input: a monthly salary in shekels (e.g. 25,000 NIS/month, ₪ 18000, twenty thousand shekels a month).

Procedure:

1. Multiply the monthly shekel figure by 12 to get the annual shekel figure.
2. Fetch today's FX rate — ILS → {target_currency}.
3. Multiply to get the annual figure in the target currency.
4. Present the result at a reasonable precision (usually no more than 2 significant decimal places for the foreign side — $87,234 is better than $87,234.16).

Example: 25,000 NIS/month → 25,000 × 12 = 300,000 NIS/year → at 1 ILS = 0.27 USD → 300,000 × 0.27 = $81,000/year.

Direction 2 — World → Israel