The Israeli Shekel (ILS) is the official currency of Israel, and understanding its exchange rates with the United States Dollar (USD) is crucial for individuals and businesses involved in international transactions. As of the current date, the exchange rate between ILS and USD fluctuates constantly due to various market and economic factors. This article provides an overview of the current exchange rates, a conversion guide, and essential insights into the ILS currency.
Current ILS to USD Exchange Rates
The exchange rate between ILS and USD changes frequently. To provide an accurate conversion, it's essential to check the current market rate. As of today, 1 ILS is approximately equal to 0.28 USD. However, this rate may vary depending on the source and market conditions.
| ILS | USD |
|---|---|
| 1 ILS | 0.28 USD |
| 10 ILS | 2.80 USD |
| 100 ILS | 28.00 USD |
ILS Currency Overview
The Israeli Shekel (ILS) was introduced in 1969, replacing the Israeli Pound as the official currency of Israel. The ILS is issued by the Bank of Israel, the country's central bank. The currency is divided into 100 agorot, and its symbol is ₪.
ILS Currency Denominations
The ILS currency comes in various denominations, including:
- Coins: 1, 5, 10, and 50 agorot, ₪1, ₪2, ₪5, and ₪10
- Banknotes: ₪20, ₪50, ₪100, ₪200, and ₪500
Conversion Guide
Converting ILS to USD can be done using various methods, including:
Online Currency Converters
Online currency converters, such as XE.com or OANDA.com, provide up-to-date exchange rates and allow users to convert ILS to USD easily.
Banks and Financial Institutions
Banks and financial institutions offer ILS to USD conversion services, often with competitive exchange rates and low fees.
Currency Exchange Offices
Currency exchange offices, such as Travelex or Western Union, provide ILS to USD conversion services, often with convenient locations and competitive rates.
Key Points
- The current ILS to USD exchange rate is approximately 1 ILS = 0.28 USD.
- The ILS currency is issued by the Bank of Israel and is divided into 100 agorot.
- ILS currency denominations include coins and banknotes.
- Conversion methods include online currency converters, banks, and currency exchange offices.
- Exchange rates can fluctuate rapidly due to market and economic factors.
FAQs
What is the current ILS to USD exchange rate?
+The current ILS to USD exchange rate is approximately 1 ILS = 0.28 USD. However, exchange rates can fluctuate rapidly, and it's essential to check the current market rate for accurate conversions.
What is the ILS currency symbol?
+The ILS currency symbol is ₪.
Can I convert ILS to USD using online currency converters?
+Yes, online currency converters, such as XE.com or OANDA.com, provide up-to-date exchange rates and allow users to convert ILS to USD easily.
In conclusion, understanding the ILS to USD exchange rate and conversion process is crucial for individuals and businesses involved in international transactions. By staying informed about current exchange rates and using reliable conversion methods, users can ensure accurate and efficient conversions.