Continues to fall: The dollar continues to fall

As of today, Thursday theApril 16, 2026 (3:27 p.m.), the exchange rate of the US dollar against the Israeli shekel is approximately2.992 NIS.

Details of the latest fluctuations from the last few hours:

• Current rate: 2.99235 NIS (as of 12:25 UTC, which is 15:25 local time).
• Lowest rate today: Recorded around 07:25 and stood at approx.2.981 NIS.
• Highest score today: Recorded around 10:50 and stood at approx.2.997 NIS.

The currency appears to have remained relatively stable around the 3 shekel mark throughout the day, with very slight volatility of less than half a percent.

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The main factors behind the strengthening of the shekel:
The Israeli shekel is currently ranked as one of the strongest currencies in the world, with an increase of over 20% against the dollar in the past year. The reasons for this are:

Foreign investments: A significant flow of dollars into Israel from foreign investors and from the export of high-tech services increases demand for the shekel.

Political optimism: Reports of progress in the peace talks in Islamabad and the possibility of an end to the conflict with Iran are creating tremendous investor confidence in the Israeli economy.

Strong economic data: Despite the security tensions ("Operation Roaring Lion"), the Israeli economy is showing resilience. The unemployment rate is low (about 2.71% of GDP), and inflation in Israel (1.91% of GDP) is within the target range, making the shekel seem like a "safe haven.".