ILS/UAH: what to know
The ILS/UAH rate shows how much UAH you get for 1 ILS. Right now, 1 ILS buys 14.6537 UAH at the mid-market rate. In the other direction, 1 UAH is worth 0.0682 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while UAH responds to the economic situation and international support.
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 Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus.
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.