PLN/ILS: what to know
The PLN/ILS rate shows how much ILS you get for 1 PLN. Right now, 1 PLN buys 0.8132 ILS at the mid-market rate. In the other direction, 1 ILS is worth 1.2297 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while ILS responds to the tech sector and geopolitics.
The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins. 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 PLN/ILS rate has ranged between 0.7731 and 0.9308 — a change of -11.66% versus a year ago.
For anyone in Poland, this is the mid-market reference to compare against your bank or kantor before exchanging. 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.