Dollar Falls Against Shekel; Other Currencies Decline
Translated & summarized from Al-Shams by baba
The Bank of Israel's representative exchange rate for the U.S. dollar fell to 3.074 shekels on Tuesday, October 13, 2026. Most other major currencies also declined against the shekel, with the Egyptian pound experiencing the largest drop, while the Japanese yen rose. Market rates for the dollar showed a slight increase. Banks and exchange offices will use their own rates, which may differ from the official figures.
The story in 5 lines · by baba
- The Bank of Israel's representative dollar rate dropped to 3.074 shekels on Tuesday, October 13, 2026.
- Most currencies, including the Euro and Pound, declined against the shekel.
- The Egyptian pound saw the largest depreciation against the shekel.
- The Japanese yen was the only currency to appreciate against the shekel.
- Market dollar rates showed a slight increase, differing from the official rate.
The representative exchange rate for the U.S. dollar against the Israeli shekel, set by the Bank of Israel, fell to 3.074 shekels on Tuesday, October 13, 2026. This represents a 0.13% decrease from the previous day's rate. Meanwhile, the market exchange rate for the dollar closed at 3.0675 shekels on Tuesday evening, up 0.17% from its prior closing price, according to Investing.com data. The Bank of Israel publishes one official representative rate daily, while market rates fluctuate throughout the trading session, with a difference of approximately 0.0065 shekels between them on Tuesday.
Most listed currencies also declined against the shekel in Tuesday's official setting. The Egyptian pound saw the largest drop among these, while the Japanese yen was the only currency to appreciate. The representative rates for other currencies on October 13, 2026, were as follows: the Euro at 3.4393 shekels (-0.084%), the British Pound at 4.0712 shekels (-0.056%), the Jordanian Dinar at 4.3354 shekels (-0.129%), the Swiss Franc at 3.6923 shekels (-0.092%), the Japanese Yen (per 100 yen) at 1.9446 shekels (+0.201%), the Canadian Dollar at 2.1557 shekels (-0.088%), and the Egyptian Pound at 0.0582 shekels (-0.342%). Banks and exchange offices apply their own rates above these representative figures. The next Bank of Israel rate setting will be published on Wednesday, with no rates issued on Saturdays or holidays.
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