The foreign exchange market has recently observed notable movements in the US Dollar / Israeli Shekel (USD/ILS) pair, reflecting broader economic trends and investor sentiment. As of February 23, 2026, the closing price for the USD/ILS pair stood at 3.11978, marking a significant point of interest for traders and analysts alike. This figure is particularly noteworthy when considered against the backdrop of the pair’s performance over the past year.
Throughout the previous year, the USD/ILS pair experienced considerable volatility, with its value fluctuating between a 52-week high of 3.83494 on April 8, 2025, and a 52-week low of 3.05153 on February 11, 2026. These figures underscore the dynamic nature of the forex market, influenced by a myriad of factors including geopolitical developments, economic indicators, and shifts in monetary policy.
The primary exchange for trading the USD/ILS pair is the IDEAL PRO, a platform that facilitates the trading of various forex assets, including the Israeli Shekel (ILS). The exchange plays a crucial role in determining the liquidity and accessibility of the USD/ILS pair for traders worldwide.
The recent closing price of 3.11978, while lower than the 52-week high, represents a recovery from the 52-week low, suggesting a period of stabilization for the pair. This movement may be attributed to several factors, including changes in the economic outlook of the United States and Israel, adjustments in interest rates by their respective central banks, and the impact of global economic events on investor confidence.
Analysts closely monitor these developments, as they can provide insights into future trends in the USD/ILS exchange rate. Factors such as inflation rates, employment figures, and GDP growth in both countries are likely to influence the pair’s trajectory. Additionally, geopolitical tensions in the Middle East and their potential impact on the Israeli economy could also play a significant role in shaping the forex market dynamics.
In conclusion, the USD/ILS forex pair’s recent performance highlights the complex interplay of economic, political, and market forces that drive currency values. As traders and investors navigate this landscape, understanding the fundamental factors influencing the USD/ILS exchange rate will be crucial for making informed decisions. The IDEAL PRO exchange remains a key venue for these transactions, offering a platform for the continuous assessment and speculation on the future movements of the US Dollar against the Israeli Shekel.
