Dollar Weakens Slightly Against Israeli Shekel; Other Currencies Also Decline
Translated & summarized from Al-Shams by baba
The US dollar closed at 3.0897 shekels in the foreign exchange market on Tuesday, October 20, 2026, while the Bank of Israel's official rate was 3.106 shekels. Most major currencies, including the euro and British pound, also declined against the shekel. The Egyptian pound saw the largest drop, while the Canadian dollar was the only currency to gain. Official rates are not issued on weekends or holidays.
The story in 5 lines · by baba
- The US dollar closed at 3.0897 shekels in the market and 3.106 shekels at the Bank of Israel's official rate on October 20, 2026.
- Most currencies, including the euro and British pound, declined against the Israeli shekel on Tuesday.
- The Egyptian pound experienced the largest depreciation against the shekel, falling 1.042%.
- The Canadian dollar was the only currency listed to appreciate against the shekel, gaining 0.081%.
- Official Bank of Israel exchange rates are not published on Saturdays or holidays.
The US dollar closed at 3.0897 shekels in the foreign exchange market on Tuesday, October 20, 2026, marking a slight decrease of 0.05%. The Bank of Israel's official representative rate for the dollar was set at 3.106 shekels, down 0.129% from the previous day's rate. This represents a difference of approximately 0.016 shekels between the market and official rates.
The Bank of Israel publishes its official representative rates once daily, while market rates fluctuate throughout trading sessions. Live market prices for the euro and British pound were not available on Tuesday morning, so their representative rates were used instead.
Other currencies also saw declines against the shekel according to the Bank of Israel's Tuesday rates. The euro was trading at 3.4822 shekels, down 0.278%. The British pound fell to 4.1444 shekels, a 0.065% decrease. The Jordanian dinar was at 4.3812 shekels (-0.109%), the Swiss franc at 3.7675 shekels (-0.048%), and the Japanese yen (per 100 yen) at 1.9632 shekels (-0.102%). The Egyptian pound experienced the most significant drop, falling 1.042% to 0.057 shekels.
The Canadian dollar was the only currency among those listed to appreciate against the shekel, rising 0.081% to 2.2109 shekels. The Bank of Israel does not issue official rates on Saturdays or holidays, with the next rate expected on the following business day. Banks and exchange offices will apply their own rates, which may differ from the official and market prices.
Mentioned
