Salary conversion (Israel ↔ world)

Israeli salaries are quoted monthly, gross, in shekels (₪ / NIS / ILS). Most other countries quote annual salaries in their own currency. Mixing the two conventions is the usual error. This skill converts between them.

Defaults (ask only when the input is truly ambiguous)

• A shekel figure with no period is monthly.
• A foreign-currency figure with no period is annual.
• If a figure could be either, such as "60k USD" from a contractor, ask.
• With no target named, Israel → world converts to USD.
• Assume salaries are gross unless the user says otherwise.

Israel → world

1. Annual shekels = monthly × 12.
2. Get today's ILS → target rate.
3. Annual foreign = annual shekels × rate. Round to whole units, or to the nearest hundred. Never quote cents on a salary.

Example: ₪25,000 a month → ₪300,000 a year. At 1 USD = 3.70 ILS that is 300,000 ÷ 3.70 ≈ $81,100 a year.

World → Israel

1. Get today's source → ILS rate.
2. Annual shekels = annual foreign × rate.
3. Monthly = annual ÷ 12, rounded to the nearest whole shekel. No decimals on the shekel side, ever.

Example: $120,000 a year. At 3.70 that is ₪444,000 a year → ₪37,000 a month.

Exchange rate

Use a rate from today, from a reputable source. Real-time is not needed. Preferred sources:

1. Bank of Israel representative rate (שער יציג). This is the official daily reference, and what Israeli payslips and contracts use. Search "Bank of Israel representative rate USD".
2. An ECB-based API, such as https://api.frankfurter.app/latest?from=USD&to=ILS, if you can fetch it.
3. A web search for "USD to ILS today", reading the rate from a reputable source.

Always state the rate, the source and the date, for example: Rate used: 1 USD = 3.703 ILS (Bank of Israel representative rate, 2026-10-16). Re-fetch the rate on a new day; do not reuse an old one. If you cannot get a rate, say so. Do not guess one.

Comparing offers fairly

Nominal conversion is only the first step. Name these differences, and do not model them unless the user asks:

• Employer pension and severance contributions in Israel come on top of the gross salary. Under the mandatory-pension rules, these are roughly 6.5% pension plus 6% or 8.33% severance, and they often include a study fund (קרן השתלמות) of 7.5%. These contributions are part of the "employer cost" (עלות מעביד). A US offer of $X is not comparable to an Israeli gross figure without them. Check current rates on Kol Zchut, using the kol-zchut-rights skill.
• A 13th salary, car allowance (רכב צמוד / החזר רכב) and meal cards appear in some Israeli packages and not others.
• Net pay depends on income tax, Bituach Leumi and health tax, and on tax credit points (נקודות זיכוי). This skill does not compute net. If the user needs it, say so, and point them to an Israeli net-salary calculator or to Kol Zchut. Or give a rough estimate, with the assumptions named.
• Cost of living and purchasing power are out of scope. This is nominal FX only.

Plain price conversion

For "₪X in dollars" or "€Y in shekels", convert with the same rate rules. Show:

<amount> <from> = <result> <to>
Rate: 1 <from> = <rate> <to> (<source>, <date>)

For a list of prices, use a small table. Prices in Israeli shops include VAT. Foreign shelf prices often do not. Mention this when the user is comparing.