VND/ILS: what to know
The VND/ILS rate shows how much ILS you get for 1 VND. Right now, 1 VND buys 0.000118213 ILS at the mid-market rate. In the other direction, 1 ILS is worth 8,459.30 VND.
In the short term VND is driven mainly by exports and central-bank policy, while ILS responds to the tech sector and geopolitics.
The Vietnamese Dong (VND) is issued by State Bank of Vietnam. The đồng has very high denominations — notes go up to 500,000. 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.