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        OFX USD to ILS Exchange Rates

        The best USD to ILS exchange rate is 3.7214. We compare OFX conversion costs to this mid-market rate and other FX providers, find better deals.

        In this OFX Dollar to shekel (USD/ILS) rate guide:

        OFX Compare exchange rates   USD to ILS

        Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Israeli new sheqel (ILS) rates from different sources before making a conversion.

        The below OFX Rate Comparison Table makes it easy to compare the Total Cost you are being charged on OFX Dollar to shekel currency rates and the possible savings of using various providers.

         

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        OFX at a glance

        OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.

        OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was over 20 years ago, and since then over 1 million customers have trusted OFX with transfers in 50+ currencies to over 170 countries.

        OFX don’t just offer great rates, they believe real help from real people counts. That’s why their clients get the best of both worlds – a seamless digital platform, combined with 24/7 phone access to currency experts.

        When it comes to moving money, peace of mind is important. OFX is monitored by over 50 regulators globally and work within a network of carefully selected banking partners. So whether you are sending money to friends and family abroad, or doing business across borders, OFX can get your money where it needs to go. Fast, simple, secure.

        *Minimum transfer amount apply. Please note that the receiving bank or intermediary bank may charge fees on transactions.

         
         

        Multi-Vendor Quote

        We can help you get an even better deal when sending a Large International Money Transfer.

        Click below for the Request Quotes form and enter your transfer details (BER account required).

        Request Quotes

        Save time and money - fewer websites to visit and you get a much better exchange rate & service.

         
         

        USD to ILS Market Data

        US dollar (USD) to Israeli new sheqel (ILS) market data - latest interbank mid-rate, trend, chart & historic rates.

         
        1 USD =
        3.7214We compare provider deals to this wholesale mid-market rate. Read more
        ILS
        USD to ILS at 3.7279 is 3.1% below its 3-month average of 3.848, having traded in a quite volatile 10.7% range from 3.6837 to 4.0764
        |
        Sell USD   →   Buy ILS
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          1 ILS = 0.2687 USD
        90-DAY LOW5d
        DateUSD/ILSChangePeriod
        20 Nov 2023
        3.7275
        		0.1% ▼2 Week
        05 Sep 2023
        3.8009
        		2% ▼3 Month
        04 Dec 2022
        3.4008
        		9.5% ▲1 Year
        05 Dec 2018
        3.7283
        		0.1% ▼5 Year
        06 Dec 2013
        3.5059
        		6.2% ▲10 Year
        09 Dec 2003
        4.3932
        		15.2% ▼20 Year
        USD/ILS historic rates & change to 04-Dec-2023

        Forecasts for USD to ILS

        USDILS chart
        90-DAY LOW5d

        Recent market updates and forecasts suggest a mixed outlook for the USD to ILS exchange rate. FX analysts anticipate a potential reversal of the US dollar's strength in 2023, as the Fed's interest rate hikes cycle is expected to come to an end. This could weaken the USD against the ILS. However, the Israeli shekel has been under pressure due to the escalating conflict in the Middle East, causing it to plummet to its lowest level against the USD in almost eight years.

        Read our full USD to ILS forecasts analysis

         
        USD to ILS flags

        How to get a good USD to ILS exchange rate

        There are several ways to save on exchange rates when converting US dollar to Israeli new sheqel:

        1. Shop around for the best USD/ILS exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
        2. Timing is important: Keep an eye on the USD/ILS rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
        3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
        4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and ILS at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
        5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

        The key is reducing excessive costs and fees

        Generally speaking, if you are buying Israeli new sheqel with US dollar, then it's better for the USD/ILS exchange rate to be higher.

        However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

        The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

        Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

        It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

        Will the US dollar rise against the Israeli new sheqel?

        It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

        To help with this you can add USD/ILS to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

         
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        Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.

        Read our Currency guide to Israel - a practical currency and money guide to travel, living and doing business in Israel with the Israeli new sheqel.

         
         
         

        Country Currency Guides

        United StatesUnited States (USD)IsraelIsrael (ILS)
         

        How is the cost of living in Israel?

        The cost of living in Israel is relatively high. The average monthly salary is around 4,000 NIS (approximately $1,145). The price of basic necessities such as food, transportation, and housing are all relatively expensive.

        How is the expat life in Israel?

        There is no one answer to this question as the expat life in Israel can be quite different depending on a person's situation. Some expats may find the transition to life in Israel to be quite easy, while others may find it to be more challenging. There are a number of different factors that can influence a person's experience, such as their reason for moving to Israel, their personal and professional networks, and their ability to speak Hebrew.

        Read more at our Israel (ILS) country guide

           
         
         
         

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        Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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