ILS/RUB: what to know
The ILS/RUB rate shows how much RUB you get for 1 ILS. Right now, 1 ILS buys 27.7947 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.0360 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while RUB responds to oil and gas prices and sanctions.
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 Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
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.