
Israeli New Shekel
ILS
- Convertible: Yes
- Transferable: Yes
- Exchange rate regime: Floating
Available Currency Pairs

EURILS
Weergeven EUR
USDILS
Weergeven USD
GBPILS
Weergeven GBP
CHFILS
Weergeven CHF
AUDILS
Weergeven AUD
CADILS
Weergeven CAD
ILSAED
Weergeven AED
ILSCNY
Weergeven CNH/CNY
ILSCZK
Weergeven CZK
ILSDKK
Weergeven DKK
ILSHKD
Weergeven HKD
ILSHUF
Weergeven HUF
ILSJPY
Weergeven JPY
ILSMXN
Weergeven MXN
ILSNOK
Weergeven NOK
ILSSEK
Weergeven SEK
ILSTHB
Weergeven THB
ILSZAR
Weergeven ZAR
NZDILS
Weergeven NZD
PLNILS
Weergeven PLN
RONILS
Weergeven RON
SGDILS
Weergeven SGD
USDILS
Weergeven USDTransaction Types
FX SPOT
Delivery date: T+1; T+2
Liquidity: high
FX FORWARD
Maximum maturity: 24 months
Liquidity: high
Did You Know?
Monetary policy
- The Bank of Israel (BoI) is Israel’s monetary authority. Its objective is to maintain price stability.
- Price setting method: the floating exchange rate is described as “supervised”, because the BoI is likely to make targeted interventions to influence the value of the ILS, mainly against the USD.
Features and highlights
- Liquidity on the Shekel (freely convertible since 2003 only) tends to fall on Friday afternoon, as local banks close for Shabbat.
Even if ILS is a smaller currency, it behaves like a major one, often moving in tandem with USD, following global economic trends, but with slightly less volatility than USD.
Expert opinion
- Since Israel is traditionally an exporting country, the BoI tends to intervene to limit the assessments deemed excessive by the ILS.
Regulations
There are no particular restrictions regarding the purchase and sale of ILS.
Important Information
PAYMENTS IN ILS TO ISRAEL
The IBAN format is mandatory. Payment instructions must contain:
- The full name of the beneficiary.
Keep In Mind
PUBLIC HOLIDAYS
Purim 1 Mrt
National Independence Day 20 Apr
Rosh Hashana 10 - 11 Sep
Sukkot 24 - 30 Sep
Simchat Tora 2 Okt
Pesach 31 - 7 Apr
Shavuot 20 - 21 Mei
Yom Kippur 19 Sep
Sh’mini Atzeret 1 Okt
Chanukka 3 - 10 Dec
When a holiday falls on a weekend, the next business day becomes a holiday
Useful Links
Currency Reference Guide
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Reference guide