LocalExchangeRates.com

Official Rate Sheet: Israeli New Shekel (ILS) / Gambian Dalasi (GMD)

Date generated:

Mid-Market Rate: 1 ILS = 24.0295 GMD

Real-Time Interbank Wholesale Feed: October 6, 2026

Israeli New Shekel to Gambian Dalasi Exchange Rate (ILS to GMD)

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 ILS in GMD?

1 ILS = 24.0295 GMD

At the current mid-market wholesale exchange rate, converting 1,000 Israeli New Shekel (ILS) yields approximately 24,029.52 Gambian Dalasi (GMD) (inverse rate: 1 GMD = 0.0416 ILS). 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): ILS

You Receive (Estimate): GMD

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

Kurs rynkowy: 1 ILS = 24.0295 GMD

Kurs odwrotny: 1 GMD = 0.0416 ILS

Status danych: Live Data (Redis)

Looking for reverse calculation? Check GMD to ILS (Gambian Dalasi to Israeli New Shekel) Live Converter →

ILS to GMD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Israeli New Shekel against Gambian Dalasi

Period High

24.3179 GMD

Period Low

23.7412 GMD

Volatility / Avg

24.0295 GMD

Mid-Market Trend

+0.25%

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

Min: 23.7412 GMD

Max: 24.3179 GMD

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

Min: 23.1885 GMD

Max: 24.8706 GMD

Standard Denomination Conversion Matrix (ILS & GMD)

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

Israeli New Shekel → Gambian Dalasi (ILS / GMD)

Wholesale Benchmark

Israeli New Shekel (ILS)	Gambian Dalasi (GMD)
1 ILS	24.03 GMD
5 ILS	120.15 GMD
10 ILS	240.30 GMD
25 ILS	600.74 GMD
50 ILS	1,201.48 GMD
100 ILS	2,402.95 GMD
200 ILS	4,805.90 GMD
250 ILS	6,007.38 GMD
500 ILS	12,014.76 GMD
1,000 ILS	24,029.52 GMD
2,500 ILS	60,073.81 GMD
5,000 ILS	120,147.62 GMD
10,000 ILS	240,295.24 GMD

Gambian Dalasi → Israeli New Shekel (GMD / ILS)

Wholesale Benchmark

Gambian Dalasi (GMD)	Israeli New Shekel (ILS)
1 GMD	0.04 ILS
5 GMD	0.21 ILS
10 GMD	0.42 ILS
25 GMD	1.04 ILS
50 GMD	2.08 ILS
100 GMD	4.16 ILS
200 GMD	8.32 ILS
250 GMD	10.40 ILS
500 GMD	20.81 ILS
1,000 GMD	41.62 ILS
2,500 GMD	104.04 ILS
5,000 GMD	208.08 ILS
10,000 GMD	416.15 ILS

Provider / Channel	ILS/GMD Effective Exchange Rate	Estimated Fee	Estimated Received (GMD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	24.0295 GMD	0.00%	120,147.62 GMD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	23.1885 GMD	~3.50%	115,942.45 GMD	-4,205.17 GMD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	21.6266 GMD	~10.00%	108,132.86 GMD	-12,014.76 GMD

1 ILS to GMD: Israeli New Shekel to Gambian Dalasi Exchange Guide

Searches for 1 ILS to GMD or convert ILS to GMD describe the amount of Gambian Dalasi received per 1 Israeli New Shekel. At today's wholesale baseline of 1 ILS = 24.0295 GMD (inverse: 1 GMD = 0.0416 ILS), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Israel ↔ Gambia)

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 Bank of Israel (BoI) and Central Bank of The Gambia (CBG) shape the medium-to-long term valuation of ILS/GMD.

ILS and GMD Currency Profiles

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

How the ILS to GMD Exchange Rate Works

Foreign exchange transactions between Israel (ILS) and Gambia (GMD) 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 ILS and GMD:

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 Bank of Israel (BoI) and Central Bank of The Gambia (CBG) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Israel and Gambia 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 (GMD) 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: Israeli New Shekel to Gambian Dalasi Conversion

Common questions regarding Israeli New Shekel to Gambian Dalasi conversion, bank spreads, and transfer costs.

How much is 1,000 ILS in GMD today?

At the current mid-market exchange rate (1 ILS = 24.0295 GMD), 1,000 Israeli New Shekel equals approximately 24,029.52 Gambian Dalasi. 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 Israeli New Shekel?

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 ILS?

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 (Bank of Israel (BoI)) 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.