Dollar Exchange Rate

Dollar-shekel conversions, examining the current dollar rate (dollar representative rate) or the dollar rate according to a previous date. Start here and the calculator will provide an accurate real-time result.

Updated: 

USD Updated:

It is important to take the precise value of the currency, up to 100th of its value into account and the “Hamara” site’s calculator can accomplish this for you. In order to calculate the value of the dollar against the shekel or other currencies, select the types of currencies, the value which you want to calculate.

Afterwards, feed the sum that you want to convert and the calculator will do the rest. With a few seconds you will receive the exact exchange value that you want as calculated by the conversion calculator.

How is the dollar’s current value calculated? |

The dollar exchange rate varies from day to day and the BoI decides on its daily value and publishes it at 3 p.m. on each trading day.

The BoI determines the daily dollar value by collecting data from transaction rates that were executed between the large banks. In contrast, the banks decide on the dollar value according to the daily demand for this currency.

When is the dollar representative rate determined? |

The dollar representative rate is calculated pursuant to sampling that is furnished by the central banks. After giving the sampling, the BoI calculates the average dollar rate and publishes its value for the public.

Calculation of the dollar exchange rate is executed on Sunday through Thursday from 1:15 p.m. to 3:15 p.m. and, on Fridays, the mid-holidays and festival eves from 10:15 a.m. to 12:15 p.m. The value is published a little after 3:15 p.m. On Sunday through Thursday and a little after 12:15 p.m. on Fridays, the mid-holidays and festival eves.

Want our calculator on your site?

Copy and paste the code on your site

Currency conversion calculator
Copy code
How is the dollar value established generally?

Similarly to the value of other foreign currencies, the dollar value is established by a number of factors in the market. One of the significant factors that have an effect on the dollar value is the demand for this currency.

Furthermore, interest-rate changes, inflation, political policy in the US, unemployment rates and export – import policies all have an effect on the dollar value every day. Therefore, the exchange rate varies from day to day.

In which countries does the dollar constitute the national currency?

Many people tend to think that the dollar currency is solely that of the United States, but this is incorrect. There are many countries in which the national currency is called a “dollar.”

These include Canada, Australia, Ecuador, Hong Kong, Taiwan, New Zealand, Namibia, Singapore, Fiji, Belize, the Bahamas, Barbados, Bermuda, Zimbabwe, Jamaica, Surinam, Santa Lucia, and additional countries and territories throughout the world.