![]() Accordingly parties to transactions that are indexed to foreign currency may use any exchange rate on which they agree. USD to ILS History Rates by Year To view rates between the US Dollar and the Israeli New Shekel for a particular year, click on one of the links below. This means the US Dollar has increased in value compared to the Israeli New Shekel. Importantly, the representative rate is an indicator of the exchange rate in use but has no obligatory status under law. The USD/ILS rate is up +9.25 in the last six months. The buying and selling rates are for indicative purpose only. The representative rate is based on the rate prevailing in the market at the time it is set. Exchange Rates Currency Representative Rate daily change rate () Cash Buy Sell Checks Buy Sell Data received from Bank of Israel, current as of. On each foreign currency business day in Israel, the Bank of Israel publishes the representative exchange rate of the shekel against foreign currencies. Section 4(3) of the Law states that one of the functions of the Bank of Israel is "Supporting the orderly activity of the Foreign Currency market in Israel." In this capacity the Markets Department monitors market performance. The Shekel also dropped 3.064 against the British Pound and 1.889. mivzaklive 12 mins ago Breaking News Leave a comment 0 Views. In the early 1990s, foreign-currency control was gradually repealed in a liberalization process. The application provides up-to-date exchange rates for Israeli new Shekel against next currencies: Dollar USA, Canadian dollar, British Pound, Japan Yen. The exchange rate set by the Bank of Israel at the end of the day marked a three-year low for the Shekel at 3.6490 to 1. However, the Bank reserves the right to intervene in foreign currency trading when necessary. Up-to-date information about foreign exchange rates on the Bank Hapoalim website, including the representative rate, check buy and sell rates, and cash buy and sell rates. Today, the exchange rate policy is based on unrestrained fluctuation of the domestic currency against other currencies. Foreign currency trading takes place mainly between banks and their customers in Israel and abroad and among banks themselves. ![]()
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