CZK/ILS: what to know
The CZK/ILS rate shows how much ILS you get for 1 CZK. Right now, 1 CZK buys 0.1450 ILS at the mid-market rate. In the other direction, 1 ILS is worth 6.8944 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while ILS responds to the tech sector and geopolitics.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. 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 CZK/ILS rate has ranged between 0.1346 and 0.1629 — a change of -9.80% versus a year ago.
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.