LocalExchangeRates.com

Official Rate Sheet: Egyptian Pound (EGP) / Israeli New Shekel (ILS)

Date generated:

Mid-Market Rate: 1 EGP = 0.0583 ILS

Real-Time Interbank Wholesale Feed: October 6, 2026

Egyptian Pound to Israeli New Shekel Exchange Rate (EGP to ILS)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 EGP in ILS?

1 EGP = 0.0583 ILS

At the current mid-market wholesale exchange rate, converting 1,000 Egyptian Pound (EGP) yields approximately 58.34 Israeli New Shekel (ILS) (inverse rate: 1 ILS = 17.1395 EGP). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): EGP

You Receive (Estimate): ILS

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 EGP = 0.0583 ILS

Kurs odwrotny: 1 ILS = 17.1395 EGP

Status danych: Live Data (Redis)

Looking for reverse calculation? Check ILS to EGP (Israeli New Shekel to Egyptian Pound) Live Converter →

EGP to ILS Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Egyptian Pound against Israeli New Shekel

Period High

0.0590 ILS

Period Low

0.0576 ILS

Volatility / Avg

0.0583 ILS

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.0576 ILS

Max: 0.0590 ILS

52-Week Range (1Y) Current Position: 65% Range

Min: 0.0563 ILS

Max: 0.0604 ILS

Standard Denomination Conversion Matrix (EGP & ILS)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Egyptian Pound → Israeli New Shekel (EGP / ILS)

Wholesale Benchmark

Egyptian Pound (EGP)	Israeli New Shekel (ILS)
1 EGP	0.06 ILS
5 EGP	0.29 ILS
10 EGP	0.58 ILS
25 EGP	1.46 ILS
50 EGP	2.92 ILS
100 EGP	5.83 ILS
200 EGP	11.67 ILS
250 EGP	14.59 ILS
500 EGP	29.17 ILS
1,000 EGP	58.34 ILS
2,500 EGP	145.86 ILS
5,000 EGP	291.72 ILS
10,000 EGP	583.45 ILS

Israeli New Shekel → Egyptian Pound (ILS / EGP)

Wholesale Benchmark

Israeli New Shekel (ILS)	Egyptian Pound (EGP)
1 ILS	17.14 EGP
5 ILS	85.70 EGP
10 ILS	171.39 EGP
25 ILS	428.49 EGP
50 ILS	856.97 EGP
100 ILS	1,713.95 EGP
200 ILS	3,427.89 EGP
250 ILS	4,284.87 EGP
500 ILS	8,569.74 EGP
1,000 ILS	17,139.47 EGP
2,500 ILS	42,848.68 EGP
5,000 ILS	85,697.35 EGP
10,000 ILS	171,394.70 EGP

Provider / Channel	EGP/ILS Effective Exchange Rate	Estimated Fee	Estimated Received (ILS)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0583 ILS	0.00%	291.72 ILS	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0563 ILS	~3.50%	281.51 ILS	-10.21 ILS
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0525 ILS	~10.00%	262.55 ILS	-29.17 ILS

1 EGP to ILS: Egyptian Pound to Israeli New Shekel Exchange Guide

Searches for 1 EGP to ILS or convert EGP to ILS describe the amount of Israeli New Shekel received per 1 Egyptian Pound. At today's wholesale baseline of 1 EGP = 0.0583 ILS (inverse: 1 ILS = 17.1395 EGP), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Egypt ↔ Israel)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of Egypt (CBE) and Bank of Israel (BoI) shape the medium-to-long term valuation of EGP/ILS.

EGP and ILS Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Egypt and Israel.

How the EGP to ILS Exchange Rate Works

Foreign exchange transactions between Egypt (EGP) and Israel (ILS) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between EGP and ILS:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of Egypt (CBE) and Bank of Israel (BoI) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Egypt and Israel exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (ILS) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Egyptian Pound to Israeli New Shekel Conversion

Common questions regarding Egyptian Pound to Israeli New Shekel conversion, bank spreads, and transfer costs.

How much is 1,000 EGP in ILS today?

At the current mid-market exchange rate (1 EGP = 0.0583 ILS), 1,000 Egyptian Pound equals approximately 58.34 Israeli New Shekel. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Egyptian Pound?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with EGP?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of Egypt (CBE)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.