British Pound to Israeli Shekel — GBP to ILS
GBP to ILS Converter
GBP/ILS Rate — Last 30 Days
GBP dipped 0.82% this week — minor weakness, within normal market noise.
The 7-day average rate is below the 30-day average — recent momentum favors ILS strengthening vs GBP. The trend may continue until a catalyst (rate decision, economic data) reverses it.
The rate is in the bottom 20% of its 30-day range — bearish short-term positioning. Watch if it holds support or breaks to a new low.
RSI of 20 means GBP has fallen fast relative to ILS and may be oversold. RSI below 30 often precedes a bounce — but in a strong downtrend, the rate can stay oversold for weeks.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 4.0536 | 4.0043 | 4.0326 |
| 30 days | 4.1204 | 3.7793 | 4.0007 |
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Historical GBP/ILS Rates by Year
What drives the GBP/ILS rate?
Whether you're converting GBP for travel, business, or investment, here's what drives the GBP to ILS exchange rate. The GBP/ILS exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best GBP to ILS rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 GBP exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.