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GBP to ILS Transfers Compared

GBP-ILS Rate Calculator

 
 
   
   
   
   
   
 

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.

 
   

GBP to ILS Market Data

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

90-day market context

GBP to ILS is at 7-day highs near 3.8821, 3.6% below its 3-month average of 4.0261, having traded in a quite volatile 11.4% range from 3.7692 to 4.2004
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Currency Forecasts related to GBP/ILS

GBP to ILS Exchange Rate Forecast & Outlook

Currently, GBP/ILS is trading close to its 90-day lows around 3.7702, well below its 3-month average of 4.0457. The pair’s recent decline is driven by risk-off sentiment, as safe-haven flows support the Israeli shekel.

Read forecast

GBP to USD Exchange Rate Forecast & Outlook

Currently, GBP/USD is trading near 14-day lows around 1.3418 and close to its 3-month average. The pair has been consolidating within its recent range, supported by risk-off sentiment and safe-haven flows.

Read forecast

USD to ILS Exchange Rate Forecast & Outlook

Currently, USD/ILS is trading close to 90-day lows near 2.8019, well below its 3-month average of 3.0148. The pair is being supported by risk-off conditions, as investors seek safe assets amid geopolitical tensions.

Read forecast

GBP/ILS trades near 3.77, close to 90-day lows amid risk-off sentiment and geopolitical tensions. Limited upside expected unless risk appetite improves; downside pressure remains unless tensions ease. Travelers and exporters may face less favorable rates.

 

GBP 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 British pound are worth in Israeli new sheqel across a range of amounts.

This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :

GBP ILS
£ 1 3.9023
£ 5 19.51
£ 10 39.02
£ 20 78.05
£ 50 195.12
£ 100 390.23
£ 250 975.58
£ 500 1,951
£ 1,000 3,902
£ 2,000 7,805
£ 5,000 19,512
£ 10,000 39,023
£ 20,000 78,046
£ 50,000 195,115
£ 100,000 390,230
GBP ILS
£ 0.2563 ₪ 1
£ 1.2815 ₪ 5
£ 2.5630 ₪ 10
£ 5.1260 ₪ 20
£ 12.82 ₪ 50
£ 25.63 ₪ 100
£ 64.08 ₪ 250
£ 128.15 ₪ 500
£ 256.30 ₪ 1,000
£ 512.60 ₪ 2,000
£ 1,282 ₪ 5,000
£ 2,563 ₪ 10,000
£ 5,126 ₪ 20,000
£ 12,815 ₪ 50,000
£ 25,630 ₪ 100,000

More amounts

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

 
 

What is the best Send Money conversion rate for GBP to ILS?

The best GBP to ILS exchange rate is 3.8948 from Wise. This is -0.19% compared to the mid-market rate 3.9023.

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

The above Sterling 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 GBP-ILS mid-rate and the possible savings of using various providers. 

How do GBP-ILS rates compare between providers?

Looking at the full GBP to ILS - Send Money comparison table the provider with the best GBP to ILS exchange rate is Wise at 3.8948, -0.19% from the latest mid-market rate 3.9023.

The next best is OFX at 3.8828, -0.5% from the mid-rate.

Then XE at 3.8789, which is -0.6% from the mid-rate.

The Western Union rate is 3.8438 which is -1.5% from the mid-rate.

Among the banks the Lloyds Bank rate is 3.7072 at -5% the Royal Bank of Scotland rate is 3.7306 at -4.4% and the Barclays Bank rate is 3.7189 at -4.7% compared to the mid-rate 3.9023.

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: