ILS/INR: what to know
The ILS/INR rate shows how much INR you get for 1 ILS. Right now, 1 ILS buys 31.5129 INR at the mid-market rate. In the other direction, 1 INR is worth 0.0317 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while INR responds to oil prices and capital flows.
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 Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the ILS/INR rate has ranged between 26.2709 and 33.8464 — a change of +19.39% 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.