BookMyForex Compares forex rates across hundreds of banks and forex companies in your area and helps you discover the best rate for your forex requirement
| ILS Interbank Rate | ₹21.7651 |
| ILS Buying Rate | ₹ |
| ILS Selling Rate | ₹ |
| ILS Remittance Rate | ₹ |
Israeli New Shekel is the official currency of Israel. The Israeli new shekel was first introduced as the legal currency of Israel in 1986. Interestingly, while the issuing authority of the Israeli new shekel is Bank of Israel, the banknotes of Shakel are printed in Switzerland and the coins are minted in South Korea! The Israeli New Shekel is abbreviated as ILS in the international currency exchange markets.
The new shekel is divided into 100 agora which is the sub denomination of shekel.
| ILS Stats | ILS Profile |
| Currency Name: Israeli New Shekel | Central Bank: Bank of Israel |
| Symbol: ILS | Denominations (Freq. Used): 20, 50, 10, 200 Israeli New Shekel |
| Subunit: Agora | Coins:10 Agora, ½, 1, 2, 5, 10₪ |
| ILS to INR Chart |
Used: Israel, Gaza Strip |
History of Israeli New Shekel
Israeli New Shekel (ILS) is the fourth currency of Israel. The first currency of Israel was Palestinian Pound when it was founded in 1948 which was renamed to British Pound in 1952. After that only in 1980, Israeli Shekel was introduced first as the official currency of Israel replacing British Pound (GBP).
However, at the time of introduction of Israeli Shekel (now known as Old Shekel), during the 1980s, the economy of Israel was going through a financial crisis which led to a situation of hyperinflation. Because of the massive inflation, the shekel suffered significant value erosion in terms of depreciation in the international markets.
When the government introduced free-market economy with its Economic Stabilization Plan (1985), Israeli New Shekel was floated as the official currency of Israel replacing the old shekel. The value of one Israeli new shekel was fixed as 1000 old shekels. The new shekel became freely convertible currency in 2003 and fully convertible in 2008.
Not just Indian residents travel to Israel for trade & business and tourism but also many Israelis travel to India for trade, tourism and educational purposes. If you are planning to go to Israel in the near future, you may require to buy Israeli new shekel or convert ILS to INR which you can do either from banks, authorized local money changers, airports or from an online marketplace such as BookMyForex.
| Parameter | BookMyForex | Banks/Money Changers |
| Exchange Rate | At Live Rates (Dynamic) | At Fixed Rates |
| Exchange Rate Margin | Very Low | High |
| Online Order Facility | Yes | No |
| Doorstep Delivery | Yes | No |
| Branch Visit | No | Required |
Step 2: The website automatically compares all the rates and then offers the best current Israeli Shekel rate in your city for your transaction.
Step 3: Submit the KYC documents online which includes your Passport, Visa, AirTicket and PAN Card details and make the payment via credit/debit card or net banking.
Step 4: Congratulations! Your order has been successfully placed. Expect the same day or next day delivery.
BookMyForex was established in 2012 with the mission of bringing total transparency in the currency exchange market and provide a seamless experience to the people looking for currency exchange and forex related services in India. Apart from currency exchange services, BookMyForex also deals with forex card issuance, loading/unloading of the prepaid travel card. Traveller’s cheque and international remittance related services.
This is the rate that will apply when you sell Israeli Shekel currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest ILS-INR Selling rate across India. To see the most accurate rate select the city in the drop down above
This is the rate that will apply when you buy Israeli Shekel currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest ILS-INR Buying rate across India. To see the most accurate rate select the city in the drop down above
Exchanged so far
Happy Customers
Banks and Money Exchangers
Recently my father had to remit some money to UK for my studies. Our regular bank, made my father visit twice personally for the remittance of my college fees, without any success. However, I discovered BookMyForex which proved to be much easy, homely comfortable, hassle-free, dedicated resolutions and prompt process. So far, my father has transacted at four occasions over the past three months for different forex services and every time we find the team to be as cordial, accommodating, prompt and dedicated as in the first place. Above all, the best rates and immediate prompts for every step in the process of remittance, so that you know the status in real-time. Excellent and dedicated customer service. I highly recommend utilizing BMF services. I am sure you won’t go anywhere else afterward.
It has been close to a decade since BookMyForex is assisting me in all my Forex needs. What an incredible journey it has been with BookMyForex. My trust & confidence in BookMyForex is such that in the past so many years, no other financial entity other than BookMyForex has dealt with all my Forex requests. Once I have raised a request, I rest assured that's it's in the right hands and gets done always with extraordinary service.
A huge thanks to BookMyForex, and their Customer Support team for their exceptional customer service, and for seamless processes they have in place for our Forex needs.
I had a great experience with BookMyForex during my travel to Sweden. These guys have an excellent Service, best market rates and a high level of professionalism. Many thanks for all your dedicated & amicable support. Highly recommended for trouble-free experience.
Superb rates, great service, priority support, and hassle free card reloads - is all that you can expect from BookMyForex, apart from their complimentary referral discounts & zero fee multi-currency cards. Be it a casual trip to Thailand or business travel to the U.S, BookMyForex is a one-stop shop for all your forex needs. Highly satisfied!
I am using BookMyForex services from past 4 years & I always had hassle free dealings. I highly recommend BookMyForex for your maiden visit & you will surely use them in future.
I am a graduate student at the Carlson School of Management with my roots in Banglore. Bookmyforex by far has the best conversion rates with the least hassles and extremely supportive staff. I recommend every prospective student or traveler going aboard to use Bookmyforex and experience their amazing service.
I used BookMyForex for my first visit to Singapore & Bali. BookMyForex representative made it easy and user friendly for me. Their staff is really helpful throughout the process and the rates applied are also lesser compared to other forex providers. I would highly recommend BookMyForex to everyone travelling abroad.
When it comes to hassle free inter-country currency exchange and transfer there are many companies and banks which talk about competitive rate and fast service, but Bookmyforex is the one which actually fulfills both these criteria. I am a happy customer of Bookmyforex, who joined in June 2016 and had never faced any difficulty in getting money transferred. I would recommend Bookmyforex to every student, professional, and tourist who want a stress-free service in this competitive world.
Very prompt and Proactive. Got the card delivered at my doorstep the very next morning process was clear and smooth. The most important thing which I liked about BookMyForex is that I have never faced any problem Regarding any Selling and buying foreign Currency, and that is the thing which I really liked about BookMyForex as a best online forex Portal, safety of funds. I will recommend BookMyForex
Placed 2 orders one for cash and one for Forex Card. Both delivered promptly. Really happy with the service. Had a pleasant experience receiving my Forex Card at Amazing rates. Overall a really satisfying deal. Thankyou BookMyForex.com
Read what others are saying about us
Your session has been timed out due to inactivity. Please restart your order
Transfer Money Abroad at Exact Interbank/ Mid-market Rates from the Comfort of your Home/Office
Valid for all types of Import/ Export and Commercial transactions I Enjoy first three Money Transfersat exact "InterBank Rates"
Inquire Now