Dollar Rises Against Shekel to 3.12 on Monday Trading
Translated & summarized from Al-Shams by baba
The U.S. dollar climbed to 3.1168 shekels on Monday, a 0.56% increase from its previous market value. This compares to the Bank of Israel's representative rate of 3.112 shekels, last fixed on October 23, 2026. The bank also published representative rates for other currencies including the Euro, Pound, and Dinar. The Bank of Israel is scheduled to issue its next representative rate later on Monday.
The story in 5 lines · by baba
- The U.S. dollar rose to 3.1168 shekels on Monday, a 0.56% increase.
- The Bank of Israel's representative rate for the dollar was 3.112 shekels as of October 23, 2026.
- The representative rate is the official daily fix, while market prices fluctuate.
- Other currencies like the Euro and Pound also had representative rates published.
- Banks and exchange offices may charge different rates than those published.
The U.S. dollar reached 3.1168 shekels in the latest pricing from Investing.com at 23:19, marking a 0.56% increase, or 0.0175 shekels. This is in contrast to the representative rate published by the Bank of Israel on October 23, 2026, which was approximately 3.112 shekels, a 0.161% rise. The difference between the market and representative rates is normal, as market prices fluctuate throughout the day while the representative rate is a single, official daily fix. Therefore, Monday's trading is linked to the last published rate from the previous business day.
The Bank of Israel's representative rates for October 23 included the U.S. dollar at 3.112 shekels (+0.161%), 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%), the Japanese Yen (per 100) 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%). Live market rates for the Euro and Pound were unavailable.
Banks and exchange offices apply their own rates, which may differ from the published figures. The Bank of Israel is expected to release its next representative rate later on Monday.