ILS/ZAR
Market Open
15 Jun, 08:29
R
5. 597306
+0.061669
+1.114%
R
83,100 Volume
R 5.535637
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ILSZAR Overview
ILSZAR denotes the exchange rate between the Israeli New Shekel (ILS) and the South African Rand (ZAR), with ILS as the base currency and ZAR as the quote. Quoted as ILSZAR, the rate indicates how many rand are required to purchase one shekel, and it fluctuates continuously in foreign-exchange markets.
The Israeli New Shekel is the official currency of the State of Israel and is managed and issued by the Bank of Israel. It serves as the country’s unit of account and medium of exchange across domestic markets and is affected by Israel’s macroeconomic conditions and monetary policy decisions.
The South African Rand is the national currency of South Africa and is issued by the South African Reserve Bank. The rand is sensitive to domestic economic performance, commodity prices and regional capital flows, and its value is shaped by South Africa’s fiscal and monetary environment.
Exchange-rate movements in ILSZAR result from shifts in supply and demand for each currency, differing interest-rate expectations, inflationary pressures and central bank interventions. Geopolitical events, capital flow volatility and relative economic outlooks for Israel and South Africa also play a significant role.
Market participants monitor ILSZAR for trade settlement, hedging currency exposure, and speculative opportunities, as movements can affect import/export costs, investment returns and cross-border cash management.
The Israeli New Shekel is the official currency of the State of Israel and is managed and issued by the Bank of Israel. It serves as the country’s unit of account and medium of exchange across domestic markets and is affected by Israel’s macroeconomic conditions and monetary policy decisions.
The South African Rand is the national currency of South Africa and is issued by the South African Reserve Bank. The rand is sensitive to domestic economic performance, commodity prices and regional capital flows, and its value is shaped by South Africa’s fiscal and monetary environment.
Exchange-rate movements in ILSZAR result from shifts in supply and demand for each currency, differing interest-rate expectations, inflationary pressures and central bank interventions. Geopolitical events, capital flow volatility and relative economic outlooks for Israel and South Africa also play a significant role.
Market participants monitor ILSZAR for trade settlement, hedging currency exposure, and speculative opportunities, as movements can affect import/export costs, investment returns and cross-border cash management.
ILSZAR Chart
ILSZAR FAQ
What is the current ILS/ZAR price?
The current rate is R5.597306, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the ILS/ZAR rate changed today?
The rate has changed by +0.061669 (+1.114%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was R5.535637, 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/ZAR moving up or down?
Movements in ILS/ZAR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.114%) is based on the difference between the current rate and the previous closing rate.
Is ILS/ZAR trending up or down right now?
If the current rate (R5.597306) is above the previous close (R5.535637), 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/ZAR directly on this page.
