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EUR to ILS Rates - 2026 Forecast

Analysis of recent euro → shekel forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to Israeli new sheqel performance and trends.

 

EUR/ILS Outlook:

The EUR/ILS exchange rate is likely to decrease as it trades 2.6% below its 90-day average and near recent lows. The current geopolitical tensions and high oil prices weigh on the euro's value.

Key drivers:

• Rate gap: The European Central Bank faces inflation pressures, while the Bank of Israel has recently cut interest rates, strengthening the shekel.

• Risk/commodities: Rising oil prices at 90-day highs negatively impact the euro, a net energy importer, creating higher inflation risks.

• One macro factor: Geopolitical uncertainties, particularly in the Middle East, increase risk off flows, favoring the USD and CHF over the euro.

Range:

Expect the EUR/ILS to test recent lows and remain within its stable 5.2% range.

What could change it:

• Upside risk: A de-escalation in Middle East tensions could strengthen the euro.

• Downside risk: Continued volatility in oil prices could pressure the euro further.

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 =
3.5713We compare provider deals to this wholesale mid-market rate. Read more
ILS
1d−0.2%▼
90dLows◒
EUR to ILS is at 90-day lows near 3.6056, 2.6% below its 3-month average of 3.7031, having traded in a quite stable 5.2% range from 3.6056 to 3.7919
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  1 ILS = 0.2800 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
18 Feb 2026
3.6507
1.3% ▼2 Week
04 Dec 2025
3.7748
4.5% ▼3 Month
04 Mar 2025
3.8703
6.9% ▼1 Year
05 Mar 2021
3.9696
9.2% ▼5 Year
06 Mar 2016
4.3006
16.2% ▼10 Year
09 Mar 2006
5.6165
35.8% ▼20 Year
EUR/ILS historic rates & change to 04-Mar-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