ZAR/ILS: what to know
The ZAR/ILS rate shows how much ILS you get for 1 ZAR. Right now, 1 ZAR buys 0.1871 ILS at the mid-market rate. In the other direction, 1 ILS is worth 5.3435 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while ILS responds to the tech sector and geopolitics.
The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered. 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.
Available archived ZAR/ILS observations within the last 365 days range from 0.1730 to 0.1972, with a -1.43% 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.