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: bearish-to-range-bound, USD/ILS sits below its 90-day average and in the lower half of the three-month range, signaling modest downside risk without a clear breakout.
Bias / Key drivers / Range / What could change it
Bias
bearish-to-range-bound, USD/ILS sits below its 90-day average and in the lower half of the three-month range, signaling modest downside risk without a clear breakout.
Key drivers
- Rate gap: The Fed is expected to ease toward a neutral stance in 2026, while the Bank of Israel has already cut, narrowing policy divergence and supporting the shekel. The move reduces USD strength pressure.
- Israeli economy outlook: BoI projections show solid growth and cooling inflation, underpinning the currency’s defensive stance and helping it resist external shocks.
- Geopolitics and forecasts: UBS recently revised USD/ILS forecasts toward a stronger shekel, reflecting improving fundamentals and reduced risk, which helps tilt USD/ILS lower.
Range
The pair is likely to drift within the three-month band, trading in a narrow path as traders await fresh policy cues, with occasional tests of the lower end if risk appetite shifts.
What could change it
- Upside risk: A solid US payrolls report and a clear hawkish drift from the Fed could lift the dollar and push USD/ILS higher.
- Downside risk: A sharper BoI easing path or softer US data that dims Fed tightening expectations could push USD/ILS lower
@bestfxrates
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 3.1294 from OFX . This is -0.5% compared to the mid-market rate 3.1451.
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 3.1294, -0.5% from the latest mid-market rate 3.1451.
The next best is XE at 3.1263, -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.