The official value of the shekel declined an average of .621 percent on Monday against most of the featured currencies on the Bank of Israel's foreign-exchange list.
The United States dollar was fixed at NIS 3.508, up .631 percent from Friday, while the Euro jumped 1.854 percent to 4.0053 shekels, the first time it has hit four shekels since last July 12th. The pound sterling was set at 4.5841 shekels, up 1.188 percent. The Japanese yen surged 3.8 percent, 100 yen buying NIS 3.4279, and the Swiss franc rose two percent to 3.7842, prompted by a plunge in oil prices brought on by a failure among the Organization of Petroleum Exporting Countries to reach a deal on output.