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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Israel can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Israel bank accounts or pay a Israeli new sheqel invoice.
EUR to ILS Market Data
Euro (EUR) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to ILS Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Israeli new sheqel is to review how the EUR/ILS rate has changed over time.
The table below shows the percentage change in the EUR to ILS exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Current market bias: Bearish.
Key drivers:
- The interest rate differential supports the shekel, given Israel's strong economic growth compared to stable ECB rates.
- Improved investor confidence from the recent Gaza ceasefire boosts the ILS.
- Strong GDP growth forecasts of 4.7% for Israel in 2026 reinforce the shekel’s position against the euro.
Near-term range: Expect the EUR to ILS exchange rate to remain stable, with recent trading patterns indicating levels below three-month averages.
What could change it: An upside risk could arise from a significant shift in ECB monetary policy, while a resurgence of geopolitical tension could create volatility and apply further downward pressure on the euro
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EUR 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 Euro are worth in Israeli new sheqel across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to ILS?
The best EUR to ILS exchange rate is 3.7211 from OFX . This is -0.3% compared to the mid-market rate 3.7323.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully 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 by
banks and other foreign exchange providers against the latest EUR-ILS mid-rate and the possible savings of using various providers.
How do EUR-ILS rates compare between providers?
Looking at the full
EUR to ILS - Send Money comparison table the provider with the best EUR to ILS exchange rate is OFX at 3.7211, -0.3% from the latest mid-market rate 3.7323.
The next best is XE at 3.7099, -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.
View a full list of exchange rates by selecting your Base (from) currency: