The comparison table above helps you see the total cost of your Wise 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’.
Wise - USD Rate Margin Analysis
The average USD rate margin offered by Wise is 0.81%.
This average is based on individual USD 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for US dollar (USD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bearish-to-range-bound outlook for USD/ILS; currently below 90-day avg & near lower 3-month range. Key drivers: Fed's rate cut plans, stable oil prices, & Israel's strong growth. Expecting steady lower range, but surprise US labor data could push USD higher
@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
Wise Send Money conversion rate for USD to ILS?
The Wise USD to ILS exchange rate is 3.1238. This is -1.2% compared to the latest USD-ILS mid-market rate 3.1618.
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
Wise - Dollar to Shekel comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest USD-ILS mid-rate and the possible savings of using various providers.
How do Wise 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 3.146, -0.5% from the latest mid-market rate 3.1618.
The next best is XE at 3.1429, -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
like Wise or platforms that offer rates closer to the mid-market rate.