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

Today's live USD/ILS rate and the institutional shekel total on a $1,000,000 transfer through IsraTransfer's desk.

ISA Licensed
Trusted since 2008
30,000+ clients
Live exchange rate
Live mid-market
$
Recipient gets
3,700,000.00
ILS 🇮🇱
vs. typical bank
≈ ₪3,550,000
You save
+₪150,000
Open Account
Transparent margins of just 0.50–0.75%· zero hidden fees · Updated just now
Live mid-market rate

USD to ILS, right now

The rate the banks reference, refreshed daily from European Central Bank data via frankfurter.app.

Mid-market reference rate
1 USD = ILS
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Low
High

USD → ILS

You sendRecipient gets

ILS → USD

You sendRecipient gets
₪1
₪10
₪50
₪100
₪500
₪1,000
₪5,000
₪10,000
₪50,000
₪100,000
₪250,000
₪500,000

Exchange rates shown are mid-market reference rates from the European Central Bank (via frankfurter.app) and may differ from IsraTransfer's trading rates. Rates fluctuate throughout the day. For a live quote on your transfer, open an account or contact us. Minimum transfer: $10,000.

Transferring this size

What $1,000,000 makes possible

At seven figures the transfer is part of a defining transaction — a premium home, a business acquisition, or a generational wealth move.

Premium property in Tel Aviv

Penthouse, luxury apartment, or detached home in Herzliya Pituach, Old North Tel Aviv, Ramat HaSharon, or Jerusalem's Talbieh.

Business acquisition

Full equity purchase of a small-to-mid Israeli business, or majority stake in a growing one — typically structured across several tranches.

Estate or family-wealth transfer

Comprehensive estate consolidation, family-wealth relocation, or large-scale trust funding for next-generation Israeli residency.

Tangible difference

What you'd actually get on $1,000,000

Your bank at retail margin (~0.8% behind mid)
≈ ₪3,668,000
IsraTransfer at institutional desk pricing
₪3,696,000
+ ₪28,000 more shekels delivered, on the same transfer

Illustrative comparison using representative tier-level margins. Your live quote — and the actual saving — comes from the desk.

What to know about a $1,000,000 transfer

Typical bank spread
0.6–0.9% even at private-banking level (≈ ₪22K–₪33K absorbed)
IsraTransfer margin
Inside 0.2%, sometimes below 0.15% on liquid sessions
Delivery speed
Same business day, voice-confirmed, time-stamped on the deal note
Hedging toolkit
Full institutional suite — forwards, window forwards, limits, stops, layered hedges
Frequently asked

Common questions on a $1,000,000 transfer

The live mid-market USD/ILS rate is above. On $1,000,000 IsraTransfer's institutional desk typically prices inside 0.2% of mid; in liquid sessions on a major pair the spread can land below 0.15%. Pricing is voice-confirmed by a senior dealer and time-stamped on the deal note — you have a written, locked rate within minutes of saying go.
Plan on ₪40,000–₪70,000 in additional shekels delivered versus a competitive US or UK bank quote on $1M, and ₪20,000–₪35,000 versus a typical private-banking relationship rate. The structural gap is consistent on every $1M trade; the day-to-day variation reflects market conditions. The single largest saving we have on file from a $1M trade is north of ₪90,000 versus the client's existing bank.
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.
Full institutional review under ISA AML rules, plus enhanced due diligence on the source of funds. A typical $1M package includes: certified sale contract, certified bank statements showing receipt of the funds, declaration of source of wealth, identity documentation for all signatories, and beneficial-ownership declaration for any corporate entity in the chain. The compliance officer reviews and signs off before the wire moves; first-time onboarding at this size takes 3–5 business days.
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.

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