ILS/JOD
Market Open
15 Jun, 08:29
JD
0. 245546
+0.003005
+1.2392%
JD
5,690 Volume
JD 0.242541
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ILSJOD Overview
ILSJOD denotes the exchange rate of the Israeli New Shekel (ILS) against the Jordanian Dinar (JOD), indicating how many dinars are required to purchase one shekel. The pair tracks the relative value between Israel’s currency and Jordan’s currency in foreign-exchange markets.
The Israeli New Shekel (ILS) is the official currency of Israel and is used across the Israeli economy for domestic transactions and international trade. Banknotes and coins denominated in shekels are issued and regulated by the Bank of Israel, which also sets monetary policy and supervises financial stability.
The Jordanian Dinar (JOD) is the legal tender of the Hashemite Kingdom of Jordan and is managed by the Central Bank of Jordan. The central bank issues currency, implements monetary policy, and oversees the banking system to maintain price stability and support the country’s external accounts.
Movement in the ILSJOD exchange rate is determined by market supply and demand, cross-border trade flows, interest-rate differentials, inflation expectations, central bank actions, and geopolitical developments that affect investor sentiment. Capital flows, remittances, and short-term speculative activity also influence price dynamics.
For traders, businesses, and investors, ILSJOD matters for pricing imports and exports, hedging currency risk, managing cash flows, and taking speculative positions on regional economic shifts.
The Israeli New Shekel (ILS) is the official currency of Israel and is used across the Israeli economy for domestic transactions and international trade. Banknotes and coins denominated in shekels are issued and regulated by the Bank of Israel, which also sets monetary policy and supervises financial stability.
The Jordanian Dinar (JOD) is the legal tender of the Hashemite Kingdom of Jordan and is managed by the Central Bank of Jordan. The central bank issues currency, implements monetary policy, and oversees the banking system to maintain price stability and support the country’s external accounts.
Movement in the ILSJOD exchange rate is determined by market supply and demand, cross-border trade flows, interest-rate differentials, inflation expectations, central bank actions, and geopolitical developments that affect investor sentiment. Capital flows, remittances, and short-term speculative activity also influence price dynamics.
For traders, businesses, and investors, ILSJOD matters for pricing imports and exports, hedging currency risk, managing cash flows, and taking speculative positions on regional economic shifts.
ILSJOD Chart
ILSJOD FAQ
What is the current ILS/JOD price?
The current rate is JD0.245546, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the ILS/JOD rate changed today?
The rate has changed by +0.003005 (+1.2392%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was JD0.242541, 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/JOD moving up or down?
Movements in ILS/JOD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.2392%) is based on the difference between the current rate and the previous closing rate.
Is ILS/JOD trending up or down right now?
If the current rate (JD0.245546) is above the previous close (JD0.242541), 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/JOD directly on this page.
