ETH/ILS: what to know
The ETH/ILS rate shows how much ILS you get for 1 ETH. Right now, 1 ETH buys 7,604.20 ILS at the mid-market rate. In the other direction, 1 ILS is worth 0.000131506 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while ILS responds to the tech sector and geopolitics.
Ethereum popularised programmable “smart contracts”. 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 ETH/ILS rate has ranged between 4,668.53 and 15,404.98 — a change of -51.82% 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.