About this pair
XAG/ILS: what to know
The XAG/ILS rate shows how much ILS you get for 1 XAG. Right now, 1 XAG buys 195.4594 ILS at the mid-market rate. In the other direction, 1 ILS is worth 0.00511615 XAG.
In the short term XAG is driven mainly by industrial demand and precious-metal trends, while ILS responds to the tech sector and geopolitics.
“XAG” uses silver’s Latin symbol Ag (argentum). 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.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.