NZD/ILS: what to know
The NZD/ILS rate shows how much ILS you get for 1 NZD. Right now, 1 NZD buys 1.7627 ILS at the mid-market rate. In the other direction, 1 ILS is worth 0.5673 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while ILS responds to the tech sector and geopolitics.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. 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 NZD/ILS rate has ranged between 1.6690 and 2.0006 — a change of -11.31% versus a year ago.
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.