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 transaction type, details and click ‘GET RATES’.
USD to ILS Market Data
US dollar (USD) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias
USD/ILS sits in the lower half of its 3-month range with a bearish-to-range-bound bias as the Fed nears neutral and Israel cuts support the shekel. Strong US payrolls or a firmer Fed could lift USD; bigger BoI cuts or upbeat Israeli growth could push USD/ILS lower.
Key drivers
- Rate gap: Markets expect the US Fed to trim policy toward neutral this year while the Bank of Israel has already cut, narrowing the gap and supporting the shekel.
- Macro factor: US labor market data and signals of Fed easing are likely to influence dollar direction.
- Risk appetite: global risk trends and Israel’s improving growth outlook influence flows, with stronger risk appetite typically helping the shekel.
Range
Likely drift within the lower half of the range, with little momentum to push into the upper zone.
What could change it
- Upside risk: stronger US payrolls and a firmer Fed stance could lift the dollar, pushing USD/ILS higher.
- Downside risk: a larger-than-expected Bank of Israel rate cut or a notable upgrade to Israel’s growth outlook could push USD/ILS lower
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USD to ILS Conversion: What Is Your Money Worth?
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 * :
What is the
best Send Money conversion rate for USD to ILS?
The best USD to ILS exchange rate is 3.1471 from OFX . This is -0.5% compared to the mid-market rate 3.1629.
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
USD to ILS - Send Money comparison table the provider with the best USD to ILS exchange rate is OFX at 3.1471, -0.5% from the latest mid-market rate 3.1629.
The next best is XE at 3.1439, -0.6% from the mid-rate.
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.