USD to ILS Exchange Rate - Convert US Dollar to Israeli Shekel

Converting from US Dollar (USD) to Israeli Shekel (ILS)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and one of the most widely used currencies in the world. It is recognized by its symbol "$", and it is subdivided into 100 smaller units called cents. The USD is not only used domestically but also serves as the dominant reserve currency for many countries, making it essential in international trade.

The US Dollar has a long historical background. It was established in the Coinage Act of 1792 and has gone through various changes over the years, including being backed by gold until 1971 when the US went off the gold standard. Today, the USD is a fiat currency, meaning it is not backed by physical commodities but rather by the trust and credit of the US government.

The value of the USD can fluctuate based on economic indicators such as inflation rates, interest rates, and overall economic growth. Many people and businesses regularly exchange USD with other currencies, making it a key player in the global financial system.

What is Israeli Shekel (ILS)

The Israeli Shekel (ILS), represented by the symbol "₪", is the official currency of Israel and the Palestinian territories. The Shekel has a rich history, rooted in ancient times when it was used as a unit of measurement and currency in the region. The modern Shekel was reintroduced in 1985, replacing the old Shekel at a rate of 1,000 to 1, making it stable and reliable.

The Shekel is subdivided into 100 agorot. The Central Bank of Israel manages the currency, ensuring its value remains stable and reliable in the global market. The ILS is considered a relatively stable currency, influenced by various factors such as Israel's strong economy, geopolitical stability, and international trade relationships.

The exchange rate between the USD and ILS can vary significantly based on myriad economic conditions. Traders, tourists, and businesses engaged in international trade need to keep an eye on these fluctuations for accurate conversions.

Converting USD to ILS

When converting USD to ILS, it’s essential to check the latest exchange rates from reliable financial sources. Exchange rates can be affected by several factors such as economic news, market trends, and geopolitical events.

For example, if the exchange rate is 1 USD = 3.50 ILS, then $100 would convert to

100 × 3.50 = 350

ILS. When traveling or making purchases abroad, understanding how to convert currencies helps in budgeting and managing expenses effectively.

In conclusion, both the US Dollar and Israeli Shekel are crucial currencies in their respective economies. Understanding how to convert between them is not only practical but also essential for anyone engaging in transactions across borders.

US Dollar to Israeli Shekel conversion table

USD to ILS conversion table

US Dollar (USD)Israeli Shekel (ILS)
1 USD3.58471657855 ILS
2 USD7.1694331571 ILS
3 USD10.75414973565 ILS
4 USD14.33886631419 ILS
5 USD17.92358289274 ILS
6 USD21.50829947129 ILS
7 USD25.09301604984 ILS
8 USD28.67773262839 ILS
9 USD32.26244920694 ILS
10 USD35.84716578548 ILS
100 USD358.47165785484 ILS
200 USD716.94331570968 ILS
300 USD1 075.41497356452 ILS
400 USD1 433.88663141936 ILS
500 USD1 792.3582892742 ILS
600 USD2 150.82994712904 ILS
700 USD2 509.30160498388 ILS
800 USD2 867.77326283872 ILS
900 USD3 226.24492069356 ILS
1 000 USD3 584.7165785484 ILS
2 000 USD7 169.4331570968 ILS
5 000 USD17 923.582892742 ILS
10 000 USD35 847.165785484 ILS
20 000 USD71 694.331570968 ILS
50 000 USD179 235.82892742 ILS
100 000 USD358 471.65785484 ILS
Last updated May 7, 2025 at 03:55 PM