Compare the best Israeli shekel buyback rates and exchange Israeli shekels to pounds
It's easy to sell your leftover Israeli shekels online. Use our Israeli shekel buyback comparisons to find the best deal, then follow the link to the buyer's website to place your order online and lock-in your buyback rate. You'll need to decide whether to post your Israeli shekels to the buyer, or try searching for a store near you so you can exchange your Israeli shekels in person.
Securely package your Israeli shekels and post it to the buyer using Royal Mail Special Delivery which is fully tracked and insured. Once the buyer has received your package they'll pay you by bank transfer within one working day.
Use our store finder to search for your nearest currency exchange, then simply take your Israeli shekels to the store to sell over the counter. You'll save on postage fees, but availability varies by location and you'll have fewer deals to choose from compared to selling by post.
It can be difficult to exchange leftover Israeli shekel coins. Banks and foreign exchange companies don't generally accept coins because they're expensive to process and transport, so your options for exchanging any leftover shrapnel back into pounds can be limited:
Over the past 30 days, the Israeli shekel buyback rate has risen 0.04% from 4.1 on 31 Oct to 4.1016 today. This means Israeli shekels can be exchanged for more pounds today compared to a month ago. Right now, ₪ 750 is worth approximately £182.86 which is £0.07 more than you'd have got on 31 Oct.
These are the average Israeli shekel buyback rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our Israeli shekel to British pound currency chart.
No, you'll get more for your Israeli shekels if you sell when the Israeli shekel buyback rate is low. This is due to a quirk of how British currency providers display their buyback exchange rates.
When you buy Israeli shekels, the exchange rate you get is the amount of Israeli shekels you'll receive for every pound that you spend, so for example a rate of 4.1 means you'd get ₪ 4.1 for each £1 that you spend. You can calculate the total amount of Israeli shekels you'd receive for a given amount of sterling by simply multiplying the sterling amount by the exchange rate.
When it comes to selling Israeli shekels, the buyback rate is expressed in terms of how many Israeli shekels you'd need to sell in order to get £1, so a buyback rate of 4.1 means you'd need to sell ₪ 4.1 to get £1. To calculate the sterling value of a given amount of Israeli shekels, you need to divide the Israeli shekel amount by the buyback rate. Since you're dividing by the buyback rate, a lower buyback rate means you'd get more sterling compared to a higher buyback rate.
One Israeli shekel (₪) can be subdivided into 100 agorot. There are four denominations of Israeli shekel banknotes in circulation: ₪ 20, ₪ 50, ₪ 100 and ₪ 200; and six coin denominations: 10 agorot, ₪ 1⁄2, ₪ 1, ₪ 2, ₪ 5 and ₪ 10.
The current series of Israeli shekel banknotes in circulation is the 'New Series' which was introduced by the Bank of Israel in 2013. Each banknote in the series features a portrait of a prominent Hebrew poet or writer on the obverse side, and various cultural and historical motifs on the reverse side. For instance, the ₪ 20 note showcases the portrait of poet Rachel Bluwstein along with an image of a gazelle and Hebrew text from one of her works. The ₪ 50 note features the portrait of Shaul Tchernichovsky; a renowned Hebrew poet, alongside a depiction of a landscape from one of his poems. Leah Goldberg, a Hebrew poet and author, features on the ₪ 100 note, and Natan Alterman, a prominent poet and journalist is featured on the ₪ 200 note.