The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to ILS Market Data
US dollar (USD) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: Range-bound, as USDJPY sits above its 90-day average and near the upper end of the 3-month range, but policy signals are mixed due to diverging central bank paths.
Bias
Bearish-to-range-bound, USD/ILS sits below its 90-day average and near the lower end of the last three months' range.
Key drivers
- Rate gap: The US Federal Reserve is expected to cut rates toward a neutral stance in 2026, while the Bank of Israel has already eased, narrowing the gap and supporting the shekel.
- Macro factor: US payrolls and unemployment data point to cooling conditions, which could push the Fed toward easier policy and weigh on the dollar.
- Geopolitical/market risks: Geopolitical tensions and shifts in risk appetite can lift the dollar as a safe haven and temper the ILS.
Range
Expect the USD/ILS to drift toward the lower end of its three-month range, with only gradual moves driven by data and policy cues.
What could change it
- Upside risk: stronger US data or hawkish Fed commentary could lift the dollar.
- Downside risk: a bigger rate cut by the Bank of Israel or a brighter Israeli growth outlook would push the pair lower
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USD to ILS Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Israeli new sheqel across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to ILS?
The best USD to ILS exchange rate is 3.1373 from OFX . This is -0.5% compared to the mid-market rate 3.1531.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Israeli new sheqel (ILS) rates from different sources before making a conversion.
The above
Dollar to Shekel comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-ILS mid-rate and the possible savings of using various providers.
How do USD-ILS rates compare between providers?
Looking at the full
USD to ILS - Send Money comparison table the provider with the best USD to ILS exchange rate is OFX at 3.1373, -0.5% from the latest mid-market rate 3.1531.
The next best is XE at 3.1342, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.