Dollar Falls Against Shekel to 3.055 in Bank of Israel Representative Rate
Translated & summarized from Al-Shams by baba
The Bank of Israel's representative exchange rate for the U.S. dollar fell to 3.055 shekels on Friday, October 9, 2026, a 0.94% decrease. The market rate closed slightly higher at 3.0606 shekels. All eight tracked currencies, including the Euro and British Pound, also declined against the shekel. The next official rate will be released on Sunday.
The story in 6 lines · by baba
- The U.S. dollar's representative rate against the Israeli shekel dropped to 3.055 on Friday, October 9, 2026.
- The dollar's representative rate saw a 0.94% decrease from the previous day.
- The market rate for the dollar closed at 3.0606 shekels before the weekend.
- All eight tracked foreign currencies also depreciated against the shekel.
- The Japanese Yen had the largest decline among the tracked currencies.
- The Bank of Israel sets one official rate daily, while market rates fluctuate.
The representative exchange rate for the U.S. dollar, set by the Bank of Israel, dropped to 3.055 shekels on Friday, October 9, 2026. This marked a 0.94% decrease from the previous day. The market rate for the dollar was last recorded at 3.0606 shekels shortly before the market closed for the weekend, reflecting a 0.02% decline. The difference between the representative and market rates was approximately 0.0056 shekels.
Bank of Israel publishes one official representative rate daily, while the market rate fluctuates throughout trading sessions. Data for the Euro and British Pound market rates were unavailable. The representative rates for other major currencies also saw declines against the shekel on Friday. The Euro fell to 3.4291 shekels (-0.548%), the British Pound to 4.044 shekels (-0.585%), the Jordanian Dinar to 4.3083 shekels (-0.938%), the Swiss Franc to 3.6789 shekels (-0.519%), the Japanese Yen (per 100 Yen) to 1.9292 shekels (-1.011%), the Canadian Dollar to 2.147 shekels (-0.68%), and the Egyptian Pound to 0.0583 shekels (-0.85%).
All eight tracked currencies depreciated against the shekel in Friday's official fix. The Japanese Yen experienced the largest drop among these currencies, while the Swiss Franc saw the smallest decline. The Bank of Israel does not issue a representative rate on Saturdays, with the next official rate expected on Sunday. Banks and exchange bureaus operate with their own rates, which differ from the official and market rates, and include separate buying and selling prices.
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