ILS/CNH: what to know
The ILS/CNH rate shows how much CNH you get for 1 ILS. Right now, 1 ILS buys 2.1675 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.4614 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while CNH responds to sentiment toward China and offshore flows.
The Israeli Shekel (ILS) is issued by Bank of Israel. “Shekel” is one of the oldest names for a unit of money — mentioned in the Bible. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.