BCH/ILS: what to know
The BCH/ILS rate shows how much ILS you get for 1 BCH. Right now, 1 BCH buys 680.0287 ILS at the mid-market rate. In the other direction, 1 ILS is worth 0.00147053 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while ILS responds to the tech sector and geopolitics.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. 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.
Over the past 12 months the BCH/ILS rate has ranged between 567.4699 and 2,085.21 — a change of -66.06% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.