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Best EUR to ILS Exchange Rates Compared Live

The best EUR to ILS exchange rate is 3.9567. Compare foreign transfer and currency exchange rates, find better rates & deals.

EUR-ILS Best Exchange Rate Calculator
 

Comparing EUR-ILS exchange rates

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.

The above Euro to Shekel comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest EUR-ILS mid-rate (see below) and the possible savings of using another provider.

 

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EUR to ILS Market Data

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

 
1 EUR =
3.9567We compare provider deals to this wholesale mid-market rate. Read more
ILS
+0.1%
📉1W
EUR to ILS at 3.9771 is near its 3-month average, having traded in a relatively stable 6.9% range from 3.8646 to 4.1308
|
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  1 ILS = 0.2527 EUR
DateEUR/ILSChangePeriod
13 Mar 2024
3.9843
0.1% â–¼2 Week
28 Dec 2023
4.0144
0.8% â–¼3 Month
28 Mar 2023
3.8414
3.6% â–²1 Year
29 Mar 2019
4.0729
2.3% â–¼5 Year
30 Mar 2014
4.8099
17.2% â–¼10 Year
01 Apr 2004
5.5589
28.4% â–¼20 Year
EUR/ILS historic rates & change to 27-Mar-2024
 

What are equivalent amounts of EUR and ILS?

Here are some popular conversion amounts for EUR to ILS (Euro to Israeli new sheqel)*.

EUR ILS
€ 1 3.9567
€ 5 19.78
€ 10 39.57
€ 20 79.13
€ 50 197.84
€ 100 395.67
€ 250 989.18
€ 500 1,978
€ 1,000 3,957
€ 2,000 7,913
€ 5,000 19,784
€ 10,000 39,567
€ 20,000 79,134
€ 50,000 197,835
€ 100,000 395,670
EUR ILS
0.2527 ₪ 1
1.2635 ₪ 5
2.5270 ₪ 10
5.0540 ₪ 20
12.64 ₪ 50
25.27 ₪ 100
63.18 ₪ 250
126.35 ₪ 500
252.70 ₪ 1,000
505.40 ₪ 2,000
1,264 ₪ 5,000
2,527 ₪ 10,000
5,054 ₪ 20,000
12,635 ₪ 50,000
25,270 ₪ 100,000

More amounts

*Converted at the current EURILS interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for EUR to ILS

 

Based on recent exchange rate forecasts and market updates, the Euro (EUR) to Israeli Shekel (ILS) exchange rate is expected to remain relatively stable. The Euro has been under pressure recently despite some positive data from Germany and delays in ECB rate cuts. FX analysts suggest that the Euro could weaken further due to concerns about Eurozone economic performance, potential ECB rate cuts, and fears of a Eurozone recession. This could result in the Euro losing ground against the Israeli Shekel.

Read our full review of recent EUR to ILS forecasts.

 

How to get a good EUR to ILS exchange rate

There are several ways to save on exchange rates when converting Euro to Israeli new sheqel:

  1. Shop around for the best EUR/ILS exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the EUR/ILS rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and ILS at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Israeli new sheqel with Euro, then it's better for the EUR/ILS exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Euro 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 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.

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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.

 
 
 

Currency Country Guides

EurozoneEurozone (EUR)IsraelIsrael (ILS)
 

How is the cost of living in Israel?

The cost of living in Israel is relatively high. The average monthly salary is around 4,000 NIS (approximately $1,145). The price of basic necessities such as food, transportation, and housing are all relatively expensive.

How is the expat life in Israel?

There is no one answer to this question as the expat life in Israel can be quite different depending on a person's situation. Some expats may find the transition to life in Israel to be quite easy, while others may find it to be more challenging. There are a number of different factors that can influence a person's experience, such as their reason for moving to Israel, their personal and professional networks, and their ability to speak Hebrew.

Read more at our Israel (ILS) country guide

   
 
 

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

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