Dollar Edges Up in Market Trading, Down Slightly in Bank of Israel Fix
Translated & summarized from Al-Shams by baba
The U.S. dollar traded at 3.0926 shekels in the market on October 21, 2026, a slight increase, while the Bank of Israel's official rate for the day was 3.091 shekels, a decrease. This difference highlights the daily fluctuations in market trading versus the single daily official fixing. All major currencies listed also saw declines against the shekel in the official fixing, with the Jordanian dinar and U.S. dollar falling the most.
The story in 6 lines · by baba
- The U.S. dollar closed at 3.0926 shekels in market trading on October 21, 2026.
- The Bank of Israel's official exchange rate for the dollar was 3.091 shekels on the same day.
- The market rate for the dollar showed a 0.24% increase, while the official rate decreased by 0.483%.
- All major currencies listed declined against the shekel in the official Bank of Israel fixing.
- The Jordanian dinar and U.S. dollar saw the largest decreases against the shekel.
- Banks and exchange offices will set their own rates above the official figures.
The U.S. dollar reached 3.0926 shekels in foreign exchange markets at its last recorded price of 23:29, marking a 0.24% increase, according to Investing.com data. In contrast, the representative rate published by the Bank of Israel on Wednesday, October 21, 2026, was 3.091 shekels, a 0.483% decrease from its previous fixing. The difference between the market and official rates was approximately 0.0016 shekels. The official rate is set once daily, while market prices fluctuate throughout trading sessions, explaining the dollar's rise in the market after a dip in the official fixing. Live market prices for the euro and British pound were not available on Wednesday morning, so their representative rates were used. The Bank of Israel's representative rates for other currencies on October 21, 2026, with their daily changes, were as follows: Euro at 3.4722 shekels (-0.287%), British pound at 4.1421 shekels (-0.055%), Jordanian dinar at 4.3598 shekels (-0.488%), Swiss franc at 3.75 shekels (-0.464%), Japanese yen (per 100 yen) at 1.9572 shekels (-0.306%), Canadian dollar at 2.2009 shekels (-0.452%), and Egyptian pound at 0.0568 shekels (-0.351%). All listed currencies declined against the shekel in Wednesday's fixing, with the Jordanian dinar and U.S. dollar experiencing the largest drops, while the British pound showed the least change. The next official fixing is expected on the following business day, as no fixings are issued on Saturdays or holidays. Banks and exchange offices will apply their own rates, which may differ from the official figures.