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Buying foreign cash is now easier with Bankwest. If you’re heading overseas, simply order your foreign cash online and pick it up from any Bankwest store.
The exchange rates provided by Bank West on their website are for foreign exchange transactions up to AUD50,000 and are subject to change without notice.
The Bankwest AUD to ILS exchange rate is 1.9161. This is -4.9% compared to the latest AUD-ILS mid-market rate 2.0143.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Israeli new sheqel (ILS) rates from different sources before making a conversion.
The above Bankwest - Aussie to Shekel comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bankwest and other foreign exchange providers against the latest AUD-ILS mid-rate and the possible savings of using various providers.
Looking at the full AUD to ILS - Send Money comparison table the provider with the best AUD to ILS exchange rate is OFX at 2.0042, -0.5% from the latest mid-market rate 2.0143.
The next best is XE at 2.0022, -0.6% from the mid-rate.
Then Wise at 1.9993, which is -0.74% from the mid-rate.
The Western Union rate is 1.9841 which is -1.5% from the mid-rate.
Among the banks the Commonwealth Bank rate is 1.9111 at -5.1% the ANZ Bank rate is 1.9562 at -2.9% and the ING Bank rate is 1.9519 at -3.1% compared to the mid-rate 2.0143.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bankwest 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: