Buy, Sell or Transfer Israeli Shekel at the Best Rates in India

BookMyForex compares Israeli Shekel rates across hundreds of banks and forex companies in your area, helping you discover the best rate for your forex requirements.

1 ILS = 23.2306 INR Interbank/ mid-market Rate at: 03-03-2024 10:31:04

Total Amount: 0.00

Israeli Shekel Rates Today - Live

Buy ILS Forex Card N/A
Sell ILS Forex Card N/A
Buy ILS Wire Transfer N/A
Buy ILS Currency Notes ₹26
Sell ILS Currency Notes ₹22.2278
currency profile

About Israeli New Shekel

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. 

How to Convert ILS to INR at the Best Rates in India?

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

A Comparative Analysis Between BookMyForex and Other Money Changers:

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

 

How to get the best Israeli Shekel (ILS) exchange rates in India:

Step 1: Go to BookMyForex.com and search for live Israeli new shekel exchange rates

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. 

Benefits of Converting ILS to INR at BookMyForex

About BookMyForex

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.

 

Read More

More Currency Information & Important Tools for Israeli Shekel

ILS - Israeli Shekel

The Israeli Shekel is the currency of the . The currency code for Israeli Shekel is "ILS". Click below to get more details and facts about Israeli Shekel, its ranking & rates.

Check Live ILS to INR Rates

Click below to check live ILS rates on BookMyForex.com. Easily place orders online to buy or sell ILS at real-time and transparent exchange rates for accurate currency conversion.

More info

ILS - Israeli Shekel

The Israeli Shekel is the currency of the . The currency code for Israeli Shekel is "ILS". Click below to get more details and facts about Israeli Shekel, its ranking & rates.

Convert ILS to INR

BookMyForex.com is the best platform in India to convert ILS to INR. Click below to instantly convert ILS to INR at the best exchange rate.

More info

ILS - Israeli Shekel

The Israeli Shekel is the currency of the . The currency code for Israeli Shekel is "ILS". Click below to get more details and facts about Israeli Shekel, its ranking & rates.

Check ILS to INR Forecast

Make informed decisions about currency exchange. Click below to check ILS to INR forecast rates for the next 7 days, 30 days, and 90 days.

More info

ILS - INR Forecast

ILS to INR forecast derived from the thorough analysis of ILS to INR exchange rate via moving averages, buy/sell signals & expert chart indicators. Click below to get a detailed ILS to INR forecast.

Check ILS to INR Historical Rate Chart

Analyze past trends with our comprehensive historical rate chart. Click below to check the ILS to INR rate chart for today, the last 7 days, the last 30 days, and the last 1 year.

More info

How to Buy/Sell Israeli Shekel with BookMyForex?

  • Select the product and currency you want.

  • Enter traveler details and purpose.

  • Upload necessary documents depending upon the purpose elected.

  • Make payment at blocked rate & get order confirmation.

Other Forex Products and Services We Offer for Israeli Shekel

Transfer Money Overseas from India

With our fully online remittance process in place, you will be able to transfer funds abroad at the lowest rates possible in from the comfort of your home. We let you book at live and transparent rates unlike other platforms and process the transfers in the fastest time possible.

Send Money Abroad
Buy/Sell Foreign Currencies at Best Rates

Exchange foreign currency at best rates only on BookMyForex. Book your forex order at absolutely live rates in and get the deal of a lifetime. Freeze the currency rates if you think it will rise. At BookMyForex, we scan forex rates in your area nearby among 100s of banks and money changers & help you to get the best deal possible.

Buy/Sell Foreign Currency
Buy the Best Forex Card

Looking to travel abroad? Get your BookMyForex travel card in and be assured of a hassle-free experience. Simply swipe your card to buy food, clothes, pay for your hotel accommodation and what not. Get even better rates on your BookMyForex travel card than foreign currency notes. What are you waiting for?

Buy Prepaid Forex Card

The BookMyForex Mobile App

Enjoy added benefits and wave goodbye all your Forex woes by downloading our mobile app

  • Real time tracking & sorting of transactions
  • Easy and free of cost currency to currency exchange
  • Secure online transactions with disposable virtual cards
  • Hassle free fund reloads & unloads on card
  • Enjoy bank grade in-app security
  • Nearby ATM tracker
Get it now

The World's First and Largest Online Foreign Exchange Marketplace - BookMyForex

Buy, Sell or Transfer Currency With BookMyForex

USD 1.2 Billions+

Exchanged so far

6,50,000+

Happy Customers

5,000+

Banks and Money Exchangers

Testimonials

Featured In

Read what others are saying about us

Book My Forex Pvt. Ltd., a MakeMyTrip group company, is a currency exchange service provider authorised by the Reserve Bank of India (RBI). | License number : FE.DEL.FFMC/ U070/2013 | Insurance is the subject matter of solicitation | IRDAI Registration No. CA0429 | IRDAI | Cheques are subject to realization.

* Zero margin rates/ interbank rates are available only on forex cards on specific currencies, in select cities for orders amounting to Rs. 1.5 lakh or more (Use promo code: ZEROMARKUP)

** Same-day delivery is available from Monday to Friday (excluding holidays) when all payments and documents are received before 1PM.

BookMyForex Pvt Ltd

P-701 to P-705, 7th Floor, Tower C, JMD Megapolis, Sohna Road, Sector-48, Gurugram, Haryana 122018

© BookMyForex. All Rights Reserved

We Accept:
Secured By: