In a globally connected world, currency conversion plays a vital role—especially when two countries like India and Israel maintain strong economic, educational, and tourism ties. Whether you're planning a trip, doing business, studying abroad, or sending money, it's crucial to understand how the Israel currency to INR works.
This comprehensive guide will walk you through everything from current exchange rates, how to convert, where to check live values, and why so many Indians are curious about Israel’s currency.
What is the Official Currency of Israel?
The currency of Israel is the Israeli New Shekel (ILS), symbolized as "₪". It is further divided into 100 agorot. The shekel is a stable and internationally recognized currency backed by Israel’s thriving economy, which includes strong sectors such as defense technology, medical innovations, agriculture, and high-tech industries.
The shekel has gained strength over the years, making its value important for Indians engaging with Israel for various reasons.
Real-Time Value: 1 ILS to INR
Currently, the value of 1 Israeli Shekel equals around ₹22 to ₹24, though this rate may fluctuate daily based on economic conditions. For the most accurate and updated rates, refer to forex apps or banking platforms.
To get daily updates on the Israel currency to INR conversion rate, you can bookmark reliable currency tracker tools or financial websites.
Why Indians Search for Israel Currency to India Exchange?
Searches related to Israel currency to India have increased significantly, and here are a few reasons:
1. Tourism and Pilgrimage
Israel is home to several religious sites and attracts thousands of Indian tourists every year. Knowing the currency rate is crucial for budgeting the trip.
2. Education and Research
Israel offers scholarships and cutting-edge education, particularly in fields like agriculture, medicine, and engineering. Students converting shekels to rupees need to understand the best time and method to exchange currency.
3. Business and Freelancing
Indian exporters and remote professionals often receive payments in ILS and must convert Israeli currency in Indian rupees for use in India.
4. Family or Diplomatic Visits
Family members working in Israel often send money to their families back home, prompting frequent currency conversions.
How to Convert Israeli Currency in Indian Rupees
Converting Israeli currency in Indian rupees is simple if you know the right methods:
Banks: Major banks in India like HDFC, Axis Bank, and SBI offer foreign exchange services for ILS.
Forex Apps: Apps like XE, Wise, and Google Currency Converter give real-time conversion and often suggest where to get the best deals.
Currency Exchange Centers: RBI-authorized money changers in metro cities can help you exchange physical currency.
Prepaid Forex Cards: Load your card with ILS for secure international payments and better rates than cash exchange.
Past Performance of Israeli Currency in Indian Rupee
Looking at the historical exchange rate, the Israeli currency in Indian rupee has strengthened steadily. Earlier, 1 ILS was worth around ₹16–₹18, but due to inflation, market growth, and exchange rate movements, the value has risen to ₹22–₹24 in 2024–2025.
This upward trend is important for students, travelers, and investors, who may want to convert funds at an optimal time.
Factors Affecting the INR to ILS Exchange Rate
Several factors influence the rate at which INR is converted to ILS:
Inflation Rates: Lower inflation in Israel strengthens the shekel, while high inflation in India weakens the rupee.
Interest Rates: Central banks’ policies impact how attractive a currency is to global investors.
Trade Balance: India–Israel imports and exports impact the demand for both currencies.
Geopolitical Events: Political stability or instability in either country plays a role in investor confidence.
US Dollar Movement: Since both ILS and INR are influenced by USD, their rates may change based on USD performance.
Pro Tips to Get the Best Israel Currency to INR Conversion Rate
Want to save money while exchanging currency? Follow these tips:
✅ Check Rates on Multiple Platforms – Compare rates from banks, apps, and exchange bureaus before converting.
✅ Avoid Airports for Exchange – Airport counters often charge high fees and offer poor exchange rates.
✅ Use Forex Cards for Travel – Lock in a good rate in advance and spend securely.
✅ Stay Updated – Bookmark the Israel currency to INR page for live exchange trends and news.
Is It the Right Time to Convert Israel Currency?
If you're planning to send or receive money between India and Israel, check if the shekel is stronger or weaker compared to the rupee. A strong shekel means you’ll receive more rupees, which is ideal for Israelis sending money to India. On the other hand, if you're going to Israel, a weaker shekel would benefit your travel expenses.
Final Thoughts
From business transactions to travel expenses and academic funding, understanding the Israel currency to INR conversion is essential for a wide audience in India. With Israel becoming a stronger global player and deepening ties with India, the importance of currency knowledge is only growing.
Bookmark the page to stay updated on exchange rates, and make smart financial moves whether you're converting Israel currency to India or checking the value of Israeli currency in Indian rupees.
