The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
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.
USD to ILS Market Data
US dollar (USD) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.
USD to ILS at 3.5023 is 3.4% below its 3-month average of 3.6258, having traded in a fairly volatile 9.6% range from 3.4844 to 3.8188
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Tracker
1 ILS =
0.2855 USD
Is the USD to ILS Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Israeli new sheqel is to review how the USD/ILS rate has changed over time.
The table below shows the percentage change in the USD to ILS exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
USD/ILS
Change
Period
26 May 2025
3.5611
1.7% ▼
2 Week
11 Mar 2025
3.6538
4.1% ▼
3 Month
09 Jun 2024
3.7652
7% ▼
1 Year
10 Jun 2020
3.4361
1.9% ▲
5 Year
12 Jun 2015
3.8393
8.8% ▼
10 Year
14 Jun 2005
4.4586
21.4% ▼
20 Year
USD/ILS historic rates & change to 09-Jun-2025
$USD slides vs #ILS after surprise rise in jobless claims. Now at 3.5023 (down 3.4% from 3-mo avg), analysts say Fed may reconsider rates as labor mkt weakens. All eyes on upcoming non-farm payroll data - further weakness could push $ lower. #forex #USDILS
To help you understand the real-world value of the current exchange rate, the table below shows how much US 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 USD amounts at today’s rate * :
The standard OFX USD-ILS rate is 3.4279, -2.1% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Israeli new sheqel (ILS) rates from different sources before making a conversion.
The above
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 USD-ILS mid-rate and the possible savings of using various providers.
How do USD-ILS rates compare between providers?
Looking at the
full comparison table
the best USD to ILS exchange rate is 3.4848 from OFX, -0.5% from the mid-market rate 3.5023. The next best rate is 3.4812 from XE, -0.6% from the mid-rate. Then Wise with 3.4795 is -0.65% from the mid-rate.
The Western Union rate is 3.4672 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 3.2353 at -7.6% the Wells Fargo Bank rate is 3.2143 at -8.2% and the Citibank rate is 3.3754 at -3.6% compared to the mid-rate 3.5023.
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: