Rate direction
British pound to Israeli new sheqel · GBP/ILS trend
Review the recent market direction, current mid-market rate and significant movement alerts.
GBP/ILS exchange rate
90-day market context
GBP to ILS at 4.0474 is 2.0% above its 3-month average of 3.9686, having traded in a fairly volatile 9.7% range from 3.7692 to 4.1330
Quick GBP/ILS forecast
Currency Forecasts related to GBP/ILS
GBP to ILS Exchange Rate Forecast & Outlook
Currently, GBP/ILS is trading near recent highs and holding above its 3-month average, supported by risk-off sentiment. The pair's recent volatility reflects heightened noise, but risk aversion driven by UK...
GBP to ILS Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 * :
*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 4.0269 from OFX . This is -0.5% compared to the mid-market rate 4.0471.
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 OFX at 4.0269, -0.5% from the latest mid-market rate 4.0471.
The next best is XE at 4.0228, -0.6% from the mid-rate.
Then Wise at 4.0206, which is -0.65% from the mid-rate.
The Western Union rate is 3.9864 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 3.8739 at -4.3% the Royal Bank of Scotland rate is 3.898 at -3.7% and the Barclays Bank rate is 3.8799 at -4.1% compared to the mid-rate 4.0471.
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.