XDR 500 = ILS 2323.785
Convert1 XDR = 4.64757 ILS | 1 ILS = 0.21517 XDR
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
XDR to ILS Exchange Rate Chart
1 XDR = 4.64757 ILS
The exchange value of 500 XDR in Israeli New Sheqel is 2323.785 ILS as on Feb 14.
You can check the exchange rate of 500 Special Drawing Rights to Israeli New Sheqel by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 500 XDR to ILS online is as follows:.
There are several online ways to convert XDR to ILS.
Most banks in India allow XDR to ILS conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow XDR to ILS conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including XDR.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange XDR to ILS. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your XDR cash and exchange it for ILS.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline XDR to ILS conversion.
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Airports have forex counters where travelers can exchange XDR to ILS.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange XDR to ILS at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange XDR for ILS
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Special Drawing Rights (XDR) to Israeli New Sheqel (ILS) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
XDR is a strong and widely traded currency. If the exchange rate is favorable, converting XDR to ILS can give you more value for your money.
Since 1 XDR equals a significantly higher amount in ILS, converting XDR to ILS increases your purchasing power, allowing you to afford more goods and services in Israel.
If you‘re an NRI, tourist, or returning from the International Monetary Fund (IMF), converting XDR to ILS ensures you have local currency for daily expenses, shopping, and travel within Israel.
Converting XDR to ILS can help you invest in Israel assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to International Monetary Fund (IMF) markets.
Using a direct XDR to ILS conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting XDR to ILS at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of XDR to ILS exchange.
Source of the rates:apilayer.com