About this pair
ILS/BRL: what to know
The ILS/BRL rate shows how much BRL you get for 1 ILS. Right now, 1 ILS buys 1.6883 BRL at the mid-market rate. In the other direction, 1 BRL is worth 0.5923 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while BRL responds to commodity prices and central-bank policy.
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. The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”.
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.