ING Bank AUD to ILS Transfers Compared

   

AUD/ILS is currently at 2.1351, 1.1% below its 3-month avg. Analysts note potential RBA rate hikes due to rising inflation in Australia, while the ILS may weaken if the Bank of Israel cuts rates. Monitor commodity prices, as they could impact this exchange rate

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What is the ING Bank Send Money conversion rate for AUD to ILS?

The ING Bank AUD to ILS exchange rate is 2.0508. This is -3.8% compared to the latest AUD-ILS mid-market rate 2.1320.

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

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

How do ING Bank AUD-ILS rates compare between providers?

Looking at the full AUD to ILS - Send Money comparison table the provider with the best AUD to ILS exchange rate is OFX at 2.1213, -0.5% from the latest mid-market rate 2.1320.

The next best is XE at 2.1192, -0.6% from the mid-rate.

Then Wise at 2.1123, which is -0.92% from the mid-rate.

The Western Union rate is 2.1107 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 2.0214 at -5.2% the ANZ Bank rate is 2.0705 at -2.9% and the ING Bank rate is 2.0508 at -3.8% compared to the mid-rate 2.1320.

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