ILS/LTC: what to know
The ILS/LTC rate shows how much LTC you get for 1 ILS. Right now, 1 ILS buys 0.00601449 LTC at the mid-market rate. In the other direction, 1 LTC is worth 166.2652 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while LTC responds to 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. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Over the past 12 months the ILS/LTC rate has ranged between 0.00243736 and 0.00820307 — a change of +142.27% 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.