XPT/ILS: what to know
The XPT/ILS rate shows how much ILS you get for 1 XPT. Right now, 1 XPT buys 5,447.96 ILS at the mid-market rate. In the other direction, 1 ILS is worth 0.000183555 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while ILS responds to the tech sector and geopolitics.
Platinum is rarer than gold and vital for 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.