UAH/ILS: what to know
The UAH/ILS rate shows how much ILS you get for 1 UAH. Right now, 1 UAH buys 0.0683 ILS at the mid-market rate. In the other direction, 1 ILS is worth 14.6408 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while ILS responds to the tech sector and geopolitics.
The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus. 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.
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.