Rate direction
Singapore dollar to Israeli new sheqel · SGD/ILS trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
SGD to ILS at 2.3857 is 3.7% above its 3-month average of 2.3015, having traded in a fairly volatile 9.0% range from 2.1944 to 2.3922
Currency Forecasts related to SGD/ILS
SGD to USD Exchange Rate Forecast & Outlook
Currently, SGD/USD is trading near 7-day highs at 0.7750, just below its 3-month average of 0.7786. The pair is supported by safe-haven flows tied to geopolitical tensions and US inflation data.
SGD 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 Singapore dollar are worth in Israeli new sheqel across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
*Converted at the current SGD-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 SGD to ILS?
The best SGD to ILS exchange rate is 2.3737 from OFX . This is -0.5% compared to the mid-market rate 2.3857.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Israeli new sheqel (ILS) rates from different sources before making a conversion.
The above Singapore dollar 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 SGD-ILS mid-rate and the possible savings of using various providers.
How do SGD-ILS rates compare between providers?
Looking at the full SGD to ILS - Send Money comparison table the provider with the best SGD to ILS exchange rate is OFX at 2.3737, -0.5% from the latest mid-market rate 2.3857.
The next best is XE at 2.3714, -0.6% from the mid-rate.
Then Wise at 2.3648, which is -0.88% from the mid-rate.
Among the banks the CIMB Bank rate is 2.2569 at -5.4% the OCBC Bank rate is 2.3213 at -2.7% and the Maybank rate is 2.3022 at -3.5% compared to the mid-rate 2.3857.
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.