ILS/ZAR: what to know
The ILS/ZAR rate shows how much ZAR you get for 1 ILS. Right now, 1 ILS buys 5.3399 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 0.1873 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while ZAR responds to commodity prices and risk appetite.
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. The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered.
Available archived ILS/ZAR observations within the last 365 days range from 5.0713 to 5.7803, with a +1.45% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
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.