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GBP to ILS 2025 Forecasts

Analysis of recent sterling → shekel forecasts for 2025. We collate forecasts from respected FX analysts together with the latest British pound to Israeli new sheqel performance and trends.

 

The GBP to ILS exchange rate has faced significant pressure recently, driven by a combination of weaker UK economic data and shifting expectations regarding interest rate policies from both the Bank of England (BoE) and the Bank of Israel (BoI). As of the latest updates, the GBP is trading at approximately 4.3987 ILS, marking 7-day lows and reflecting a 2.3% decrease from its 3-month average of 4.5022 ILS. The exchange rate has fluctuated within a relatively stable range of 6.4%, from 4.3399 to 4.6157.

Recent economic indicators reveal that UK inflation held steady at 3.8% for September, which was lower than the anticipated rise to 4%. This has heightened expectations of a possible interest rate cut by the BoE in December as inflation appears to have peaked. Coupled with declines in business optimism and industrial orders, these factors are likely to exert further downward pressure on the British Pound.

On the Israeli side, the ILS has shown strength, supported by a decline in the annual inflation rate to 2.5%, which falls within the government’s target range. Analysts suggest that this cooling inflation may prompt the BoI to consider interest rate cuts, reinforcing the shekel's solid position. The ILS has appreciated significantly, aided by reduced geopolitical tensions and improved investor sentiment, particularly as it gained approximately 9.3% against the US dollar in the second quarter.

Forecasters are closely monitoring the upcoming UK budget set for November 26, which could include tax increases and spending cuts, potentially affecting the GBP. In contrast, UBS has recently revised forecasts for the ILS, predicting further strengthening due to improved economic fundamentals and decreased geopolitical risk premiums.

As these factors unfold, the outlook for the GBP to ILS exchange rate remains cautious, with potential for continued volatility driven by economic data releases and monetary policy adjustments from both central banks.

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GBP to ILS Market Data

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

 
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1 GBP =
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ILS
1d0.0%
GBP to ILS is at 7-day lows near 4.3987, 2.3% below its 3-month average of 4.5022, having traded in a relatively stable 6.4% range from 4.3399 to 4.6157
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  1 ILS = 0.2280 GBP

Compare & Save - British pound to Israeli new sheqel

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

Use our GBP 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 Sterling to Shekel currency rates and the possible savings of using various providers.

 
 

Will the British pound 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 British pound vs Israeli new sheqel current value is to look the GBP/ILS historic rate and change over a range of periods.

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

DateGBP/ILSChangePeriod
09 Oct 2025
4.3397
1.3% 2 Week
25 Jul 2025
4.5049
2.4% 3 Month
23 Oct 2024
4.8999
10.3% 1 Year
24 Oct 2020
4.4072
0.2% 5 Year
26 Oct 2015
5.9505
26.1% 10 Year
28 Oct 2005
8.2536
46.7% 20 Year
GBP/ILS historic rates & change to 23-Oct-2025

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 GBP/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