International Merchandise Trade Statistics: Exports: Commodities for Israel
New Israeli Sheqel, Quarterly, Not Seasonally Adjusted
ISRXTEXVA01NCMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,520,990,000.00
Year-over-Year Change
-21.03%
Date Range
1/1/1988 - 4/1/2025
Summary
This economic trend tracks the quarterly exchange rate of the New Israeli Sheqel against the U.S. Dollar on a non-seasonally adjusted basis. It provides insight into the relative strength and valuation of the Israeli currency.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The New Israeli Sheqel (ILS) is the official currency of Israel. This exchange rate series measures the number of ILS per U.S. Dollar on a quarterly frequency without seasonal adjustments. It is a key indicator of Israel's international trade and competitiveness.
Methodology
The data is collected and calculated by the Bank of Israel.
Historical Context
The ILS exchange rate is closely monitored by policymakers, investors, and economists to assess Israel's economic performance and outlook.
Key Facts
- The ILS has floated freely against other major currencies since 1977.
- Israel is a major exporter of high-tech goods and services.
- The Bank of Israel intervenes in currency markets to manage exchange rate volatility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly exchange rate of the New Israeli Sheqel against the U.S. Dollar on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The ILS exchange rate is a key indicator of Israel's international trade competitiveness and is closely monitored by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank of Israel.
Q: How is this trend used in economic policy?
A: The ILS exchange rate is used by the Bank of Israel and other policymakers to assess Israel's economic performance and inform monetary and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay compared to the end of the reference period.
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Citation
U.S. Federal Reserve, New Israeli Sheqel, Quarterly, Not Seasonally Adjusted (ISRXTEXVA01NCMLQ), retrieved from FRED.