ILS/CZK: what to know
The ILS/CZK rate shows how much CZK you get for 1 ILS. Right now, 1 ILS buys 6.8939 CZK at the mid-market rate. In the other direction, 1 CZK is worth 0.1451 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while CZK responds to Czech central-bank policy and euro moves.
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 Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Over the past 12 months the ILS/CZK rate has ranged between 6.1405 and 7.4298 — a change of +10.87% 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.