Convert
$1,000,000 USD
to Israeli new shekels

The daily mid-market USD/ILS rate featured above is updated daily at approximately 4pm from European Central Bank data. The live rate IsraTransfer offers you on a $1,000,000 transfer can be seen in our portal which is that mid-market rate plus a transparent margin disclosed up front — typically tighter than the 2–3% built into a US or Israeli bank's retail rate. Get a no-obligation quote and you'll see the exact shekel figure before committing.

On a typical day the saving on $1,000,000 USD versus an Israeli or local bank quote is roughly ₪30,000–₪75,000 in shekels delivered, after factoring out the bank's wire fee.

TO CONFIRM WITH DANIEL AND DORON Settlement is engineered around your underlying transaction. Standard patterns include: full payout same day to one Israeli account; split payouts to lawyer/seller/agent/tax-authority on a property closing; staged tranches matching a contract schedule; trustee holding until release instructions arrive; multi-currency partials if part of the trade is in ILS and part in USD/EUR. The dealer designs the structure before pricing the FX so the cost reflects the actual settlement complexity.

The documents required depends on the transaction and your situation — for example a tax return, property sale contract, investment savings statements, or a CPA letter. Your account manager will tell you exactly what’s needed.

TO CONFIRM WITH DANIEL The full institutional toolkit. Forward contracts up to 12 months fix today's rate for later execution. Window forwards give a date range rather than a single date. Limit orders execute only at a specific rate level. Stop-loss orders protect against an adverse move. Layered hedges combine forwards across tranches matching a closing schedule. The dealer maps your transaction's cashflows and designs the hedge to match — no two $1M structures look quite the same.