Dollar to Israeli Shekel exchange rate

Summary USD/ILS today

1 $ = ₪ 2.9975
1 ₪ = $ 0.3336 -0.25%
Last updated: 2026/04/22 11:30

Convert between US Dollars and Israeli Shekels

 $
=
1.2000
Flip currencies

Dollar to Israeli Shekel historical chart

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Time period:

1 year or Since 2019

US Dollar to Israeli Shekel historical comparison

1 $ =
Last 24 hours2.9899 ₪2.9975 ₪+0.25%
Last week3.0054 ₪2.9975 ₪-0.27%
Last month3.1395 ₪2.9975 ₪-4.52%
Last year3.7153 ₪2.9975 ₪-19.32%

Top 5 biggest currency moves against the US Dollar — last 7 days

Currency
Ukrainian Hryvnia (UAH)
43.535 ₴44.15 ₴+1.41%
South African Rand (ZAR)
16.327 R16.447 R+0.74%
Russian Ruble (RUB)
74.722 руб75.096 руб+0.5%
Brazilian Real (BRL)
4.9853 R$5.0102 R$+0.5%
Indian Rupee (INR)
93.376 ₹93.842 ₹+0.5%
Egyptian Pound (EGP)
52.023 E£51.879 E£-0.28%
Australian Dollar (AUD)
1.3998 A$1.3954 A$-0.32%
Canadian Dollar (CAD)
1.3766 C$1.3648 C$-0.86%
Afghan Afghani (AFN)
64 Af63 Af-1.56%
Norwegian Krone (NOK)
9.4424 kr9.2818 kr-1.7%
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About Israeli Shekel

Currency nameIsraeli Shekel
Symbol
Also known asILS, Israeli New Shekel, ₪1 = 100 agorot
ISO codeILS
Banknotes₪20, ₪50, ₪100, ₪200
Coins10, 50 agorot; ₪1, ₪2, ₪5, ₪10
Central bankBank of Israel - Website: www.boi.org.il
Countries1 country: Israel (capital: Jerusalem, major cities: Jerusalem, Tel Aviv, Haifa, Rishon LeZion)
Population9 mil.

History

The Israeli shekel has a history stretching back to biblical antiquity — the shekel was the basic unit of weight and currency in ancient Israel, mentioned throughout the Hebrew Bible. The name means "to weigh" in Hebrew. Silver shekels were minted during the first and second Jewish revolts against Rome (66–70 CE and 132–135 CE) and are among the most historically prized ancient coins.

The modern Israeli monetary system began with the British Mandatory Palestine pound, replaced after independence by the Israeli pound (lira) in 1948. The lira was divided into 1,000 pruta. In 1960 it was redenominated at 1,000:1 and renamed the Israeli pound, then replaced by the shekel (ILS) in 1980 at 10:1 as inflation accelerated.

The 1980s brought hyperinflation to Israel, driven by large budget deficits and a wage-price spiral. Annual inflation exceeded 400% in 1984. A bold economic stabilisation plan in 1985 — which included wage and price freezes, sharp budget cuts, and a new currency — tamed inflation dramatically. The new shekel (NIS), introduced in 1985 at 1,000:1, remains Israel's currency today.

The Bank of Israel manages monetary policy under an inflation-targeting framework. The shekel is freely convertible and has generally strengthened over the past two decades, reflecting Israel's tech-driven economic success. Geopolitical tensions periodically cause volatility.

Sources:

"Israeli new shekel", Wikipedia, https://en.wikipedia.org/wiki/Israeli_new_shekel

"Israeli economic stabilization plan", Wikipedia, https://en.wikipedia.org/wiki/Israeli_economic_stabilization_plan