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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to the Eurozone can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the Eurozone bank accounts or pay a Euro invoice.
ILS to EUR Market Data
Israeli new sheqel (ILS) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell ILS →
Buy EUR
1 ILS = 0.2674 EUR
1d0.0%⬦
ILS to EUR at 0.2660 is just 0.8% above its 3-month average of 0.264, having traded in a quite stable 4.9% range from 0.2570 to 0.2696
Is the ILS to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Israeli new sheqel against the Euro is to review how the ILS/EUR rate has changed over time.
The table below shows the percentage change in the ILS to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.
Current market bias: Bearish.
Key drivers:
- The European Central Bank is maintaining steady interest rates while the Bank of Israel's projections for strong growth boost the shekel.
- Improved geopolitical stability after the Gaza ceasefire has increased confidence in Israel's economy.
- ECB's concerns about inflation are pressuring the euro as a stronger euro could hinder growth.
Near-term range: The EUR to ILS is expected to remain stable, with limited fluctuations around its current price.
What could change it: Upside risks include positive economic signals from the Eurozone, while renewed geopolitical tensions could negatively impact investor sentiment towards both currencies.
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EUR/ILS is currently bearish as the ECB holds rates steady and the Bank of Israel's growth projections strengthen the shekel. Improved geopolitical stability has boosted Israeli investor confidence. Look for limited fluctuations in the near term
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ILS to EUR 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 Israeli new sheqel are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different ILS amounts at today’s rate * :
What is the
best Send Money conversion rate for ILS to EUR?
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Israeli new sheqel (ILS) to Euro (EUR) rates from different sources before making a conversion.
The above
Shekel to Euro 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 ILS-EUR mid-rate and the possible savings of using various providers.
How do ILS-EUR rates compare between providers?
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.
View a full list of exchange rates by selecting your Base (from) currency: