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EUR to ILS Forecasts – euro to Israeli new sheqel

Latest EUR to ILS forecasts including bank predictions, key market drivers and recent trends for EUR/ILS. See where analysts expect the pair to move and the factors likely to influence it.

 

EUR to ILS Forecast & Outlook

18 Apr 2026 • 00:53 GMT

EUR/ILS 3.4847

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 3.4220 – 3.4850
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, EUR/ILS is trading near recent lows, holding above its 90-day average and supported by risk-off sentiment. Over the next few sessions, the pair may face downward pressure if geopolitical tensions and risk aversion persist, although current levels remain relatively attractive for Euro-based transactions.

💸 Transfer implications

  • Expats: sending money to Israel may face less favourable exchange conditions if the pair weakens further.
  • Travellers: buying ILS with euros might find current rates less advantageous than recent levels.
  • Businesses: paying ILS invoices in EUR could encounter higher costs if the pair declines further.

🧭 Key drivers

  • Rate gap: The ECB's hawkish stance contrasts with Israel's economic stability, influencing the euro’s relative strength.
  • Risk/commodities: Risk-off conditions supported by geopolitical tensions are weighing on the pair.
  • Global factors: Regional tensions and safe-haven flows target currencies like the USD, pressuring EUR/ILS.

⚠️ What could change it

  • Upside risk: Improved risk appetite or easing geopolitical tensions could strengthen the euro.
  • Downside risk: Escalation in regional tensions or increased safe-haven flows may further weaken EUR/ILS.

Shopping around for providers with lower margins may help reduce overall transfer costs.

EUR-ILS Rate Calculator

 
 
   
   
   
   
   
 
 

EUR to ILS Market Data

Euro (EUR) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy ILS
1 EUR =
3.4842We compare provider deals to this wholesale mid-market rate. Read more
ILS
1d−1.3%▼
90dLows◒
EUR to ILS at 3.4847 is 4.0% below its 3-month average of 3.6302, having traded in a relatively stable 7.3% range from 3.4829 to 3.7372
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  1 ILS = 0.2870 EUR

Compare & Save - euro to Israeli new sheqel

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare euro (EUR) to Israeli new sheqel (ILS) rates from different sources before making a conversion.

Use our EUR to ILS calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Shekel currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Israeli new sheqel?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the euro vs Israeli new sheqel current value is to look the EUR/ILS historic rate and change over a range of periods.

The following table looks at the change in the EUR to ILS exchange rate over periods from the previous week back to the last 10 years.

DateEUR/ILSChangePeriod
03 Apr 2026
3.6067
2.1% ▼2 Week
17 Jan 2026
3.6504
3.3% ▼3 Month
17 Apr 2025
4.1920
15.8% ▼1 Year
18 Apr 2021
3.9299
10.2% ▼5 Year
19 Apr 2016
4.2750
17.4% ▼10 Year
22 Apr 2006
5.6106
37.1% ▼20 Year
EUR/ILS historic rates & change to 17-Apr-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/ILS to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more