The prices of the flights will start to decrease in the coming weeks and at the same time the flights to Europe will benefit from very significant savings following a significant strengthening of the shekel against the foreign currencies.
The exchange rates of the euro and the pound are at a low and are trading this morning at a rate of NIS 3.43 to the euro and NIS 4.10 to the pound.
These are very low rates that give Israelis flying to countries where the euro or pound are used a significant advantage when they arrive from Israel.
How significant is the strengthening of the shekel against these currencies?
At the beginning of the year, the exchange rate of the pound was 4.60 against the shekel, today, as mentioned, it is weaker by half a shekel, which means that for every 1,000 pounds you spend, you will save 500 shekels compared to the beginning of the year.
When it comes to families with children, the savings can even reach thousands of shekels, especially if you pay for the hotels and flights in pounds.
Not only the pound as mentioned, the euro exchange rate has also weakened by about 23 cents in recent months, which means that for every 1,000 euros you spend, you will save about 230 shekels per person, here too you can double the number of people in the family, with expenses that are usually greater than a thousand euros per trip, booking the flights And the hotels, and in this case too - savings of thousands of shekels for the family in a few months.
It is important to note that there is no way to accurately predict whether the shekel will continue to strengthen against the euro and the pound, the current situation is that these currencies are very weak against the shekel and are at a low point and the one who benefits from this is mainly the Israeli tourist.
Of course, the profit is not only for those who fly, but also for those who order products from abroad and pay in those currencies.
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