IRT
Air Quality Index (AQI), weather, fuel, gold and mandi prices and other Live data from India - sourced from official and trusted data
๐Ÿ’ฑ

INR to ILS: Indian Rupee to Israeli Shekel

Live INR to ILS exchange rate today - 1 INR equals 0.0319 ILS, with an instant two-way converter for Indian Rupee to Israeli Shekel.

Today's INR to ILS Exchange Rate

1 INR = 0.031940 ILS

1 ILS = 31.3087 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.0319 Israeli Shekel

Last updated: September 3, 2026

This INR to ILS rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Israeli Shekel (ILS) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is ILS (Israeli Shekel)?

A free-floating currency that can move sharply on regional security and geopolitical developments in addition to standard economic drivers.

Key Facts

  • ISO code: ILS
  • Symbol: โ‚ช
  • Subunit: 100 agorot = 1 shekel
  • Issued by: Bank of Israel

Why Does the INR/ILS Exchange Rate Change?

The INR/ILS rate moves every trading day, driven mainly by:

  • Bank of Israel interest rate decisions.
  • Regional security and geopolitical developments, which can move the shekel sharply on short notice given the region it trades in.
  • Israel's technology sector performance and foreign investment inflows, a major driver of the country's foreign currency earnings.
  • Natural gas exports, an increasingly significant revenue source for Israel in recent years.
  • India-Israel trade and defence/technology cooperation, a relationship that has grown substantially.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Why does the Israeli Shekel react to security news?

Regional conflict or security developments directly affect investor confidence and capital flows into and out of Israel, so the shekel can move noticeably on such news in ways that are less pronounced for currencies in less geopolitically sensitive regions.

Is the Israeli Shekel pegged to any other currency?

No, it's a free float managed by the Bank of Israel, which does intervene at times but doesn't target a fixed rate.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

โ†‘