Dollar Surges Against Shekel to Official Rate of 3.078
Translated & summarized from Al-Shams by baba
The Bank of Israel's representative U.S. dollar exchange rate increased by 0.753% to 3.078 shekels on Monday, October 12, 2026. Market rates also saw a slight rise. Several other major currencies, including the Euro, British Pound, and Jordanian Dinar, also appreciated against the shekel. Banks and exchange offices will set their own rates based on these figures.
The story in 5 lines · by baba
- The Bank of Israel's representative dollar rate rose to 3.078 shekels on October 12, 2026.
- The dollar's representative rate increased by 0.753% from the previous day.
- The market rate for the dollar closed at 3.0767 shekels on Monday evening.
- All listed currencies, including the Euro and British Pound, rose against the shekel.
- The Jordanian Dinar saw the largest increase among the currencies against the shekel.
The representative exchange rate for the U.S. dollar against the Israeli shekel, set by the Bank of Israel, rose to 3.078 shekels on Monday, October 12, 2026. This marked a 0.753% increase from the previous day's rate. The market rate for the dollar closed at 3.0767 shekels on Monday evening, up 0.03% from its prior closing. The Bank of Israel publishes one official rate daily, while the market rate fluctuates throughout the trading session, with a slight difference of approximately 0.0013 shekels between the two at the last market quote.
Representative rates for other currencies also saw increases against the shekel on Monday. The Euro climbed to 3.4422 shekels, up 0.382%. The British Pound reached 4.0735 shekels, a 0.729% rise. The Jordanian Dinar experienced the largest increase among the listed currencies, reaching 4.341 shekels, up 0.759%. The Swiss Franc was at 3.6957 shekels (+0.457%), the Japanese Yen (100 Yen) at 1.9407 shekels (+0.596%), the Canadian Dollar at 2.1576 shekels (+0.494%), and the Egyptian Pound at 0.0584 shekels (+0.172%).
Banks and exchange offices will apply their own rates, which may differ from the official and market rates. The Bank of Israel's next official rate will be published on Tuesday, with no rates issued on Saturdays or holidays.
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