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ILS to EUR - Israeli Shekel to Euro Converter

Convert Israeli Shekel to Euro with daily ECB exchange rates

1 ILS = ~0.2722 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

ILS and EUR move in steps rather than sharp jumps. For quick estimates, ₪1,000 is roughly €250-€300 depending on market conditions.

Use a live converter for accuracy and set alerts for major transfers.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common ILS - EUR Conversions

24h Change
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7d Change
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30d Change
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1y Change
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Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Policy decisions by the Bank of Israel and the ECB, inflation trends, trade and tariff changes between Israel and Europe, political stability, and global risk appetite all move the pair.

Economic Context

Trading Relationship

Israel's trade with Europe includes technology, agriculture, and services. EUR settlements are common for European buyers and Israeli suppliers, influencing pricing and cash flows on both sides.

Key Rate Factors

  • •Bank of Israel policy decisions and interest rate guidance
  • •Inflation differentials between Israel and the Eurozone
  • •Israel-EU trade balance and tariff arrangements
  • •Regional political stability and risk perceptions
  • •Global risk sentiment affecting EUR demand as a safe-haven

Central Banks

Bank of Israel
Jerusalem, Israel
Sets monetary policy in Israel to maintain price stability and support economic growth.
European Central Bank
Frankfurt, Germany
Governs monetary policy for the euro area to preserve price stability and financial stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates