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    USD to ILS 2024 Forecasts

    Analysis of recent Dollar→shekel forecasts for 2024. We collate forecasts from respected FX analysts together with the latest US dollar to Israeli new sheqel performance and trends.


    Forecasts for USD to ILS

    USDILS chart
    90-DAY LOW
    1-DAY -1.1%

    Recent market updates and forecasts suggest a mixed outlook for the USD to ILS exchange rate. FX analysts anticipate a potential reversal of the US dollar's strength in 2023, as the Fed's interest rate hikes cycle is expected to come to an end. This could weaken the USD against the ILS. However, the Israeli shekel has been under pressure due to the escalating conflict in the Middle East, causing it to plummet to its lowest level against the USD in almost eight years.

    The significant cross-border attack by Hamas militants in October, followed by Israeli airstrikes targeting Hamas officials, further deteriorated the shekel's value. This situation led the Bank of Israel to make their first-ever foreign exchange sale to maintain financial stability amidst the ongoing conflict. It is worth noting that the USD to ILS exchange rate has shown volatility, trading within a range of 9.7% over the past three months.

    Considering these factors, it is difficult to make a definitive forecast for the USD to ILS exchange rate. The eventual reversal of the USD's strength and the ongoing conflict in the Middle East both have the potential to influence the exchange rate. It will be important to closely monitor developments in the region and the actions of central banks to assess the future direction of the USD to ILS exchange rate.


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    USD to ILS Market Data

    US dollar (USD) to Israeli new sheqel (ILS) market data - latest interbank mid-rate, trend, chart & historic rates.

    1 USD =
    3.6837We compare provider deals to this wholesale mid-market rate. Read more
    USD to ILS is at 90-day lows near 3.6837, 4.4% below its 3-month average of 3.8521, having traded in a quite volatile 10.7% range from 3.6837 to 4.0764
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      1 ILS = 0.2715 USD
    90-DAY LOW
    1-DAY -1.1%

    Compare & Save - US dollar to Israeli new sheqel

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

    Use our USD 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 Dollar to shekel currency rates and the possible savings of using various providers.

    14 Nov 2023
    3.1% 2 Week
    30 Aug 2023
    2.6% 3 Month
    28 Nov 2022
    7.3% 1 Year
    29 Nov 2018
    0.7% 5 Year
    30 Nov 2013
    4.6% 10 Year
    03 Dec 2003
    16.7% 20 Year
    USD/ILS historic rates & change to 28-Nov-2023

    Will the US dollar rise against the Israeli new sheqel?

    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 USD/ILS to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to Israel - a practical currency and money guide to travel, living and doing business in Israel with the Israeli new sheqel.


    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