HSBC EUR to ILS Exchange Rates & Currency Deals

   

What is the HSBC Send Money conversion rate for EUR to ILS?

The HSBC EUR to ILS exchange rate is 3.7208. This is -5.3% compared to the latest EUR-ILS mid-market rate 3.9290.

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 HSBC - Euro to Shekel comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest EUR-ILS mid-rate and the possible savings of using various providers. 

How do HSBC EUR-ILS rates compare between providers?

The next best is XE at 3.9054, -0.6% from the mid-rate.

Then Wise at 3.9015, which is -0.7% from the mid-rate.

The Western Union rate is 3.8701 which is -1.5% from the mid-rate.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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.

 

Compare EUR to ILS Transfer Rates