How much is $1 USD in shekel?

On the other hand, the US Dollar remains one of the most widely used and traded currencies globally, serving as a reserve currency for many central banks and a benchmark for international trade and investment.

The exchange rate between the United States Dollar (USD) and the Israeli Shekel (ILS) is a topic of interest for individuals and businesses alike who engage in cross-border transactions. Knowing the exact value of one USD in ILS is crucial for accurate financial calculations and decision-making.

At the time of writing, the conversion rate for $1 USD to ILS stands at approximately 3.75 ILS. This figure fluctuates daily based on various economic factors such as inflation rates, interest rates, and geopolitical events that can impact the value of both currencies.

The Israeli Shekel is the official currency of the State of Israel and is widely accepted throughout the country for goods and services. It is also traded on international foreign exchange markets, making it accessible for investors and traders worldwide.

Understanding the exchange rate between the USD and ILS is particularly important for travelers to Israel, as it allows them to budget and plan their expenses more effectively. Additionally, businesses that import or export goods and services between the US and Israel must also factor in the current exchange rate when setting prices and making financial projections.