HUF/ILS: what to know
The HUF/ILS rate shows how much ILS you get for 1 HUF. Right now, 1 HUF buys 0.00967186 ILS at the mid-market rate. In the other direction, 1 ILS is worth 103.3928 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while ILS responds to the tech sector and geopolitics.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. 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 HUF/ILS rate has ranged between 0.00906891 and 0.0102 — a change of -4.02% 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.