ILS/EUR

Market Open
15 Jun, 08:29
0. 298344
+0.002766
+0.9357%
8,394 Volume
0.295578
Previous Close
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Day Range
0.295419 0.298962
Year Range
0.223414 0.306844
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ILSEUR Overview

ILSEUR denotes the exchange rate of the Israeli New Shekel against the Euro, indicating how many euros are required to purchase one shekel. It is quoted as the value of the base currency (ILS) expressed in the quote currency (EUR), and is used to price transactions between the two currencies.

The Israeli New Shekel (ILS) is the official currency of Israel and is legal tender across the country. Banknotes and coins are issued and regulated by the Bank of Israel, which is responsible for monetary policy, currency stability, and financial system oversight.

The Euro (EUR) is the common currency used by euro area countries and serves as one of the world’s primary reserve currencies. It is issued and managed by the European Central Bank, which sets monetary policy for member states that have adopted the euro.

Movements in the ILSEUR exchange rate result from supply and demand in foreign exchange markets and are influenced by interest rate differentials, inflation trends, central bank actions, economic data, and geopolitical developments. Capital flows, trade balances and market sentiment also play a role.

For market participants, ILSEUR matters for pricing Israeli exports and imports with the euro area, hedging currency risk, managing cross-border investment exposure, and for speculative trading strategies that seek to profit from rate fluctuations.

ILSEUR Chart

ILSEUR FAQ

What is the current ILS/EUR price?

The current rate is €0.298344, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the ILS/EUR rate changed today?

The rate has changed by +0.002766 (+0.9357%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was €0.295578, which serves as a reference point for measuring daily performance.

What does the daily range indicate?

The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.

Why is ILS/EUR moving up or down?

Movements in ILS/EUR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+0.9357%) is based on the difference between the current rate and the previous closing rate.

Is ILS/EUR trending up or down right now?

If the current rate (€0.298344) is above the previous close (€0.295578), it indicates upward movement. If below, it suggests a downward trend.

Where can I track live rates and charts?

You can monitor real-time rates, charts, and key market data for ILS/EUR directly on this page.