Dollar Falls Slightly in Market Trading, While Bank of Israel Sets Higher Official Rate
Translated & summarized from Al-Shams by baba
The U.S. dollar traded at 3.0985 shekels in the market on October 19, 2026, a slight decrease, while the Bank of Israel's official rate for the same day was set higher at 3.11 shekels. Most other major currencies also saw their representative rates increase against the shekel. The Canadian dollar experienced the largest gain, while the Egyptian pound was the only currency to fall. Banks and exchange offices will set their own rates above these figures.
The story in 6 lines · by baba
- The U.S. dollar traded at 3.0985 shekels in the market on October 19, 2026.
- The Bank of Israel's official rate for the dollar on October 19, 2026, was 3.11 shekels.
- Most currencies appreciated against the shekel in the Bank of Israel's October 19, 2026, setting.
- The Canadian dollar saw the largest increase against the shekel.
- The Egyptian pound was the only currency to decline against the shekel.
- Banks and exchange offices will apply their own rates above the official and market prices.
The U.S. dollar traded at 3.0985 shekels in the foreign exchange market as of the last recorded price at 23:29, reflecting a slight decrease of 0.03%, according to Investing.com data. In contrast, the representative rate published by the Bank of Israel for Monday, October 19, 2026, was 3.11 shekels, marking an increase of 0.68% from the previous official rate. The difference between the market and official rates was approximately 0.01 shekels. The Bank of Israel's official rate is published once daily, whereas market prices fluctuate throughout the trading session. Live market prices for the euro and British pound were not available on this morning, so their representative rates were used. The representative rates for other currencies, as of the Bank of Israel's October 19, 2026, setting with their daily changes, were as follows: the euro at 3.4919 shekels (+0.431%), the British pound at 4.1471 shekels (+0.672%), the Jordanian dinar at 4.386 shekels (+0.673%), the Swiss franc at 3.7693 shekels (+0.44%), the Japanese yen (per 100 yen) at 1.9652 shekels (+0.486%), the Canadian dollar at 2.2091 shekels (+1.256%), and the Egyptian pound at 0.0576 shekels (-0.346%). Most currencies appreciated against the shekel in Monday's official setting, with the Canadian dollar showing the largest gain among those listed. The Egyptian pound was the only currency to decline. The next official rate setting is expected on the following business day, as no rates are issued on Saturdays or holidays. Banks and exchange offices apply their own rates, which may differ from both the market and official rates. The article also includes prompts to download the "Al-Shams" news application and follow the outlet on Telegram.