1 USD to Shekel Today
Current Exchange Rate
As of the current market update, the exchange rate for 1 USD (United States Dollar) to ILS (Israeli Shekel) is:
1 USD = 3.42 ILS
Today's Exchange Rate Trends
The US Dollar (USD) has been experiencing a moderate fluctuation against the Israeli Shekel (ILS) in recent times. The exchange rate has been steadily increasing over the past few weeks, with a slight dip observed in the last 24 hours.
Shekel Exchange Rate History
Here's a brief overview of the ILS exchange rate over the past year:
- 1 year ago: 1 USD = 3.27 ILS
- 6 months ago: 1 USD = 3.35 ILS
- 3 months ago: 1 USD = 3.40 ILS
- 1 month ago: 1 USD = 3.38 ILS
** Factors Affecting the Exchange Rate**
Several factors contribute to the fluctuations in the USD/ILS exchange rate, including:
- Geopolitical tensions: Political instability in the Middle East can impact the value of the Israeli Shekel.
- Economic indicators: Changes in Israel's GDP, inflation rate, and unemployment rate can influence the exchange rate.
- Global market trends: Shifts in global commodity prices, trade agreements, and economic sanctions can affect the USD/ILS exchange rate.
- Central bank policies: Monetary policy decisions by the Federal Reserve (US) and the Bank of Israel can impact the exchange rate.
Conclusion
The 1 USD to Shekel exchange rate is subject to fluctuations based on various economic and geopolitical factors. Staying informed about market trends and exchange rate history can help individuals and businesses make informed decisions when conducting international transactions.
