Dollar Strengthens Against Shekel in Official and Market Rates
Translated & summarized from Al-Shams by baba
The US dollar closed at 3.1003 shekels on Wednesday evening, a slight increase from the previous day. The Bank of Israel's official representative rate for the same day was 3.075 shekels. Most major currencies, including the Euro and British Pound, also saw gains against the shekel, while the Egyptian Pound depreciated. Banks and exchange offices will set their own rates based on these figures.
The story in 5 lines · by baba
- The US dollar reached 3.1003 shekels in market trading on Wednesday evening.
- The Bank of Israel's official representative rate for the dollar on October 14, 2026, was 3.075 shekels.
- Most listed currencies, including the Euro and British Pound, rose against the shekel.
- The Canadian Dollar saw the largest gain, while the Egyptian Pound depreciated the most.
- Banks and exchange offices will apply their own rates above the official figures.
The US dollar reached 3.1003 shekels in the latest foreign exchange market pricing on Wednesday evening, marking a 0.03% increase from the previous closing. This compares to the representative rate set by the Bank of Israel for Wednesday, October 14, 2026, which was 3.075 shekels, a rise of 0.033%. The difference between the market and official rates was approximately 0.025 shekels. The official rate is published once daily, while market prices fluctuate throughout the trading session. Representative rates for the Euro and British Pound were not available live, so their official rates were used. Other representative currency rates from the Bank of Israel on October 14, 2026, included the Euro at 3.4417 shekels (+0.07%), the British Pound at 4.0789 shekels (+0.189%), the Jordanian Dinar at 4.337 shekels (+0.037%), the Swiss Franc at 3.6891 shekels (-0.087%), the Japanese Yen (per 100 yen) at 1.9407 shekels (-0.201%), the Canadian Dollar at 2.1624 shekels (+0.311%), and the Egyptian Pound at 0.0579 shekels (-0.515%). Most listed currencies rose against the shekel in Wednesday's official fixing, with the Canadian Dollar showing the largest gain and the Egyptian Pound experiencing the most significant decline. Banks and exchange offices apply their own rates above these official figures. The next Bank of Israel fixing is scheduled for Thursday, with no fixings on Saturdays or holidays.
