Dollar Falls Slightly in Market, Rises in Official Bank of Israel Fix
Translated & summarized from Al-Shams by baba
The U.S. dollar closed at 3.1051 shekels in the market on Friday, October 23, 2026, down 0.17%, while the Bank of Israel's official rate was 3.112 shekels, up 0.161%. All eight major currencies tracked rose against the shekel in the official fix, led by the Egyptian pound. Banks and exchange offices will set their own rates, differing from both market and official figures.
The story in 6 lines · by baba
- The U.S. dollar traded at 3.1051 shekels in the market on Friday, October 23, 2026.
- The Bank of Israel's official representative rate for the dollar was 3.112 shekels on the same day.
- All eight tracked currencies increased against the shekel in the official Bank of Israel fix.
- The Egyptian pound saw the largest increase against the shekel in Friday's official fix.
- The Swiss franc had the smallest increase against the shekel in Friday's official fix.
- Banks and exchange offices will apply their own rates, distinct from market and official figures.
The U.S. dollar traded at 3.1051 shekels in the foreign exchange market as of the last quote at 4:48 PM, a decrease of 0.17%, according to Investing.com data. In contrast, the representative rate published by the Bank of Israel on Friday, October 23, 2026, was 3.112 shekels, marking a 0.161% increase from the previous official fix. The difference between the market and official rates is approximately 0.007 shekels, attributed to the official rate being set once daily while market prices fluctuate throughout trading sessions.
Live market rates for the euro and British pound were unavailable on Friday morning, so only their representative rates were reported. The Bank of Israel's representative rates for other currencies on October 23, 2026, with their daily changes, were as follows: the euro at 3.4844 shekels (+0.08%), the British pound at 4.1624 shekels (+0.149%), the Jordanian dinar at 4.3887 shekels (+0.141%), the Swiss franc at 3.7808 shekels (+0.008%), 100 Japanese yen at 1.982 shekels (+0.131%), the Canadian dollar at 2.2204 shekels (+0.303%), and the Egyptian pound at 0.0565 shekels (+0.534%).
All eight listed currencies saw an increase against the shekel in Friday's official fix, with the Egyptian pound showing the largest rise and the Swiss franc the smallest. The Bank of Israel does not issue official rates on Saturdays or holidays, with the next fix expected on the following business day. Banks and exchange offices will apply their own rates, which may differ from both the market and official rates.