ILS/ETH: what to know
The ILS/ETH rate shows how much ETH you get for 1 ILS. Right now, 1 ILS buys 0.000131735 ETH at the mid-market rate. In the other direction, 1 ETH is worth 7,590.98 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while ETH responds to network activity and crypto-market sentiment.
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. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the ILS/ETH rate has ranged between 0.0000649141 and 0.000214200 — a change of +107.54% 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.