ILS/HUF: what to know
The ILS/HUF rate shows how much HUF you get for 1 ILS. Right now, 1 ILS buys 103.4210 HUF at the mid-market rate. In the other direction, 1 HUF is worth 0.00966922 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while HUF responds to Hungarian central-bank policy and regional 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. The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence.
Over the past 12 months the ILS/HUF rate has ranged between 98.4786 and 110.2669 — a change of +4.18% 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.