ILS/PLN: what to know
The ILS/PLN rate shows how much PLN you get for 1 ILS. Right now, 1 ILS buys 1.2297 PLN at the mid-market rate. In the other direction, 1 PLN is worth 0.8132 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while PLN responds to NBP policy, EU flows 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 Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins.
Over the past 12 months the ILS/PLN rate has ranged between 1.0743 and 1.2935 — a change of +13.19% versus a year ago.
For anyone in Poland, this is the mid-market reference to compare against your bank or kantor before exchanging. 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.