About this pair
XPD/ILS: what to know
The XPD/ILS rate shows how much ILS you get for 1 XPD. Right now, 1 XPD buys 3,950.44 ILS at the mid-market rate. In the other direction, 1 ILS is worth 0.000253136 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while ILS responds to the tech sector and geopolitics.
Palladium is used mainly in petrol-engine catalytic converters. 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.