NOK/ILS
Market Open
15 Jun, 09:45
₪
0. 305311
-0.002118
-0.6888%
₪
687 Volume
₪ 0.307429
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NOKILS Overview
NOKILS denotes the exchange rate of the Norwegian Krone (NOK) quoted in Israeli New Shekel (ILS), indicating how many shekels are required to buy one krone. It reflects the relative value of Norway’s currency against Israel’s unit of account.
Norway's currency, the Norwegian Krone, serves as legal tender across the kingdom and its territories. The note-issuing and monetary authority is Norges Bank, which implements policy to maintain price stability and oversee financial system resilience.
Israel's legal tender, the Israeli New Shekel, is the currency used for all domestic transactions in Israel. The Bank of Israel issues the shekel and conducts monetary policy, foreign exchange operations and measures to control inflation.
Exchange dynamics for NOKILS are determined by market supply and demand and by macroeconomic differentials such as interest rates and inflation. Central bank policy decisions, Norway’s commodity export performance (notably oil), global risk sentiment and geopolitical events also influence capital flows and price formation.
For traders, businesses and investors the NOKILS pair is relevant for cross-border trade settlement, hedging currency exposure and speculative strategies. Monitoring the cross assists in pricing, risk management and portfolio allocation between Norwegian and Israeli exposures.
Norway's currency, the Norwegian Krone, serves as legal tender across the kingdom and its territories. The note-issuing and monetary authority is Norges Bank, which implements policy to maintain price stability and oversee financial system resilience.
Israel's legal tender, the Israeli New Shekel, is the currency used for all domestic transactions in Israel. The Bank of Israel issues the shekel and conducts monetary policy, foreign exchange operations and measures to control inflation.
Exchange dynamics for NOKILS are determined by market supply and demand and by macroeconomic differentials such as interest rates and inflation. Central bank policy decisions, Norway’s commodity export performance (notably oil), global risk sentiment and geopolitical events also influence capital flows and price formation.
For traders, businesses and investors the NOKILS pair is relevant for cross-border trade settlement, hedging currency exposure and speculative strategies. Monitoring the cross assists in pricing, risk management and portfolio allocation between Norwegian and Israeli exposures.
NOKILS Chart
NOKILS FAQ
What is the current NOK/ILS price?
The current rate is ₪0.305311, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the NOK/ILS rate changed today?
The rate has changed by -0.002118 (-0.6888%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₪0.307429, 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 NOK/ILS moving up or down?
Movements in NOK/ILS are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.6888%) is based on the difference between the current rate and the previous closing rate.
Is NOK/ILS trending up or down right now?
If the current rate (₪0.305311) is below the previous close (₪0.307429), 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 NOK/ILS directly on this page.
