EUR to ILS Exchange Rate - Convert Euro to Israeli Shekel

Converting from Euro (EUR) to Israeli Shekel (ILS)

What is Euro (EUR)

The Euro (EUR) is the official currency of the Eurozone, which includes 19 of the 27 member states of the European Union (EU). It was introduced in 1999 as an electronic currency and later, in 2002, Euro banknotes and coins were released. The symbol for the Euro is €, and it is one of the most widely used currencies in the world, making it a major global reserve currency.

The Euro is administered by the European Central Bank (ECB) and the Eurosystem, which consists of the central banks of Eurozone countries. The value of the Euro can fluctuate based on various economic indicators such as inflation rates, interest rates, and political stability among member countries. As a robust currency, the Euro plays a crucial role in international trade and finance.

What is Israeli Shekel (ILS)

The Israeli Shekel (ILS) is the currency of Israel and is often represented with the symbol ₪. The shekel has a rich history, but the current version was reintroduced in 1985 after a period of hyperinflation. The Israeli shekel is subdivided into 100 agorot.

The Bank of Israel is responsible for managing the currency and regulating monetary policy in the country. The shekel has gained strength in recent years, partly due to Israel's advanced economy, which is driven by high-tech industries and strong exports. The value of the shekel can be influenced by various factors, including economic performance, political events, and shifts in global markets.

Converting Between EUR and ILS

When converting Euros (EUR) to Israeli Shekels (ILS), it's essential to check the current exchange rate, as this value can fluctuate daily. For instance, if the exchange rate is 1 EUR = 4 ILS, then converting 100 EUR would yield 400 ILS. The formula for currency conversion can be expressed as:

Amount in ILS = Amount in EUR × Exchange Rate

Conversely, to convert ILS to EUR, you would use:

Amount in EUR = (Amount in ILS/Exchange Rate)

To obtain the most accurate and up-to-date exchange rates, it is advisable to use reliable financial websites or currency exchange platforms. Factors such as bank fees and service charges may affect the actual amount you receive upon converting currencies.

In conclusion, understanding the differences between the Euro and Israeli Shekel is important for anyone traveling to or conducting business in these regions. Knowledge of the current exchange rates and the economic factors that influence them can help individuals make informed financial decisions.

Euro to Israeli Shekel conversion table

EUR to ILS conversion table

Euro (EUR)Israeli Shekel (ILS)
1 EUR4.02027421781 ILS
2 EUR8.04054843561 ILS
3 EUR12.06082265342 ILS
4 EUR16.08109687122 ILS
5 EUR20.10137108903 ILS
6 EUR24.12164530683 ILS
7 EUR28.14191952464 ILS
8 EUR32.16219374244 ILS
9 EUR36.18246796025 ILS
10 EUR40.20274217806 ILS
100 EUR402.02742178056 ILS
200 EUR804.05484356111 ILS
300 EUR1 206.08226534167 ILS
400 EUR1 608.10968712222 ILS
500 EUR2 010.13710890278 ILS
600 EUR2 412.16453068333 ILS
700 EUR2 814.19195246389 ILS
800 EUR3 216.21937424445 ILS
900 EUR3 618.246796025 ILS
1 000 EUR4 020.27421780556 ILS
2 000 EUR8 040.54843561111 ILS
5 000 EUR20 101.37108902778 ILS
10 000 EUR40 202.74217805556 ILS
20 000 EUR80 405.48435611113 ILS
50 000 EUR201 013.71089027782 ILS
100 000 EUR402 027.42178055563 ILS
Last updated May 27, 2025 at 03:55 PM