About this pair
ILS/COP: what to know
The ILS/COP rate shows how much COP you get for 1 ILS. Right now, 1 ILS buys 1,018.09 COP at the mid-market rate. In the other direction, 1 COP is worth 0.000982232 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while COP responds to oil and commodity prices.
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 Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez.
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.