ZAR/ILS

Market Open
15 Jun, 12:41
0. 179828
+0.000679
+0.379%
32,514 Volume
0.179149
Previous Close
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Day Range
0.177987 0.180214
Year Range
0.171474 0.202799
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ZARILS Overview

ZARILS denotes the exchange rate expressing how many Israeli new shekels (ILS) are required to purchase one South African rand (ZAR). It reflects the relative value between South Africa’s currency and Israel’s currency in the foreign exchange market.

The South African rand (ZAR) is the official currency of South Africa and is also used in parts of the Southern African region. It is issued and regulated by the South African Reserve Bank, which is responsible for monetary policy, currency issuance and financial stability within the country.

The Israeli new shekel (ILS) is the official currency of the State of Israel, managed by the Bank of Israel. The central bank oversees monetary policy, issues banknotes and coins, and implements measures to maintain price stability and support the domestic financial system.

Movements in the ZARILS rate are determined by supply and demand dynamics in global FX markets and by economic fundamentals such as interest rate differentials, inflation, and central bank actions. Commodity prices, risk sentiment and geopolitical developments can also influence capital flows and volatility between the two currencies.

Market participants monitor ZARILS for trade settlement between the countries, hedging currency exposure, cross-border investment decisions and speculative opportunities arising from macroeconomic or political shifts.

ZARILS Chart

ZARILS FAQ

What is the current ZAR/ILS price?

The current rate is ₪0.179828, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the ZAR/ILS rate changed today?

The rate has changed by +0.000679 (+0.379%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was ₪0.179149, 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 ZAR/ILS moving up or down?

Movements in ZAR/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 (+0.379%) is based on the difference between the current rate and the previous closing rate.

Is ZAR/ILS trending up or down right now?

If the current rate (₪0.179828) is above the previous close (₪0.179149), 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 ZAR/ILS directly on this page.