USD to Israeli Shekel Exchange Rate: ~3.62 ILS per USD (Feb 2023)
As of February 2023, the exchange rate was approximately:
1 USD = 3.62 ILS
Practical Conversions
| USD | ILS (approx) |
|---|
| $100 | ₪362 |
| $500 | ₪1,810 |
| $1,000 | ₪3,620 |
| $5,000 | ₪18,100 |
Real-World Rates
- Bank/credit card: 3.50–3.55 (2–3% markup)
- Airport kiosk: 3.30–3.40 (6–9% markup)
- Wise/Revolut: 3.60–3.62 (mid-market + 0.5–1% fee)
- Israeli ATM (debit): Often best — bank's rate + small fee
Shekel Basics
- Symbol: ₪ (New Shekel, since 1986; 1 = 1,000 old shekels)
- Subunit: 100 agorot
- Coins: 10 ag, ½₪, 1₪, 2₪, 5₪, 10₪
- Notes: 20, 50, 100, 200 ₪
Volatility Drivers
- Bank of Israel interest rate decisions
- Tech sector flows (major export)
- Geopolitical tension (conflict → shekel weakens)
- US Fed policy (DXY correlation)
Always check live rate (XE, OANDA, Bank of Israel) before transacting. Rates change daily.
Wanderlust World