LTC/ILS: what to know
The LTC/ILS rate shows how much ILS you get for 1 LTC. Right now, 1 LTC buys 166.5866 ILS at the mid-market rate. In the other direction, 1 ILS is worth 0.00600288 LTC.
In the short term LTC is driven mainly by crypto-market sentiment, while ILS responds to the tech sector and geopolitics.
Litecoin was created in 2011 as the “silver to Bitcoin’s gold”. 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.
Over the past 12 months the LTC/ILS rate has ranged between 121.9055 and 410.2803 — a change of -58.72% 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.