The Israeli New Sheqel (ILS) is the official currency of Israel, a nation known for its technological innovation and vibrant economy. The ILS represents economic strength and stability in Israel, and its exchange rate holds significant importance in both local and international financial transactions.
ILS Exchange Rates in Perspective:
Israel’s exchange rate policy allows the ILS to float freely in the foreign exchange market, which means its value is determined by market forces. Various factors, including economic performance, political stability, and global market trends, influence the ILS exchange rate.
| Currency | Name | Rate (1 ILS) |
|---|---|---|
| AUD | Australian Dollar | 0.46789 |
| BGN | Bulgarian Lev | 0.52012 |
| BRL | Brazilian Real | 1.6851 |
| CAD | Canadian Dollar | 0.42919 |
| CHF | Swiss Franc | 0.2482 |
| CNY | Chinese Renminbi Yuan | 2.2009 |
| CZK | Czech Koruna | 6.446 |
| DKK | Danish Krone | 1.9865 |
| EUR | Euro | 0.26594 |
| GBP | British Pound | 0.23315 |
| HKD | Hong Kong Dollar | 2.4288 |
| HUF | Hungarian Forint | 102.23 |
| IDR | Indonesian Rupiah | 5195 |
| INR | Indian Rupee | 28.242 |
| ISK | Icelandic Króna | 39.465 |
| JPY | Japanese Yen | 48.664 |
| KRW | South Korean Won | 460.82 |
| MXN | Mexican Peso | 5.6272 |
| MYR | Malaysian Ringgit | 1.2792 |
| NOK | Norwegian Krone | 3.1529 |
| NZD | New Zealand Dollar | 0.5369 |
| PHP | Philippine Peso | 18.4243 |
| PLN | Polish Złoty | 1.1229 |
| RON | Romanian Leu | 1.3537 |
| SEK | Swedish Krona | 2.8951 |
| SGD | Singapore Dollar | 0.40295 |
| THB | Thai Baht | 9.8396 |
| TRY | Turkish Lira | 13.2806 |
| USD | United States Dollar | 0.31197 |
| ZAR | South African Rand | 5.2585 |
Location of Israel – Israel Map:
ILS vs. US Dollar (USD): The ILS to USD exchange rate is pivotal for Israel’s trade, foreign investments, and economic stability, as many international transactions involve USD.
ILS vs. Euro (EUR): As Israel maintains strong economic ties with Eurozone countries, the ILS to EUR rate is crucial for trade and investment activities between Israel and the European Union.
ILS vs. British Pound (GBP): Fluctuations in the ILS to GBP rate can impact Israeli businesses and travelers engaged in trade and tourism with the United Kingdom.
ILS vs. Chinese Yuan (CNY): Israel’s increasing economic cooperation with China makes the ILS to CNY rate relevant for bilateral trade and investment activities between the two nations.
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