About this pair
ILS/XAG: what to know
The ILS/XAG rate shows how much XAG you get for 1 ILS. Right now, 1 ILS buys 0.00511615 XAG at the mid-market rate. In the other direction, 1 XAG is worth 195.4594 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while XAG responds to industrial demand and precious-metal trends.
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. “XAG” uses silver’s Latin symbol Ag (argentum).
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.