THB/ILS: what to know
The THB/ILS rate shows how much ILS you get for 1 THB. Right now, 1 THB buys 0.0917 ILS at the mid-market rate. In the other direction, 1 ILS is worth 10.9020 THB.
In the short term THB is driven mainly by tourism and trade flows, while ILS responds to the tech sector and geopolitics.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. 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 THB/ILS rate has ranged between 0.0863 and 0.1055 — a change of -12.47% 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.