LocalExchangeRates.com

Official Rate Sheet: Israeli New Shekel (ILS) / South Korean Won (KRW)

Date generated:

Mid-Market Rate: 1 ILS = 439.4591 KRW

Real-Time Interbank Wholesale Feed: October 6, 2026

Israeli New Shekel to South Korean Won Exchange Rate (ILS to KRW)

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 KRW?

1 ILS = 439.4591 KRW

At the current mid-market wholesale exchange rate, converting 1,000 Israeli New Shekel (ILS) yields approximately 439,459.09 South Korean Won (KRW) (inverse rate: 1 KRW = 0.0023 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): KRW

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

Kurs rynkowy: 1 ILS = 439.4591 KRW

Kurs odwrotny: 1 KRW = 0.0023 ILS

Status danych: Live Data (Redis)

Looking for reverse calculation? Check KRW to ILS (South Korean Won to Israeli New Shekel) Live Converter →

ILS to KRW Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Israeli New Shekel against South Korean Won

Period High

444.7326 KRW

Period Low

434.1856 KRW

Volatility / Avg

439.4591 KRW

Mid-Market Trend

+0.25%

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

Min: 434.1856 KRW

Max: 444.7326 KRW

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

Min: 424.0780 KRW

Max: 454.8402 KRW

Standard Denomination Conversion Matrix (ILS & KRW)

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

Israeli New Shekel → South Korean Won (ILS / KRW)

Wholesale Benchmark

Israeli New Shekel (ILS)	South Korean Won (KRW)
1 ILS	439.46 KRW
5 ILS	2,197.30 KRW
10 ILS	4,394.59 KRW
25 ILS	10,986.48 KRW
50 ILS	21,972.95 KRW
100 ILS	43,945.91 KRW
200 ILS	87,891.82 KRW
250 ILS	109,864.77 KRW
500 ILS	219,729.54 KRW
1,000 ILS	439,459.09 KRW
2,500 ILS	1,098,647.72 KRW
5,000 ILS	2,197,295.44 KRW
10,000 ILS	4,394,590.89 KRW

South Korean Won → Israeli New Shekel (KRW / ILS)

Wholesale Benchmark

South Korean Won (KRW)	Israeli New Shekel (ILS)
1 KRW	0.00 ILS
5 KRW	0.01 ILS
10 KRW	0.02 ILS
25 KRW	0.06 ILS
50 KRW	0.11 ILS
100 KRW	0.23 ILS
200 KRW	0.46 ILS
250 KRW	0.57 ILS
500 KRW	1.14 ILS
1,000 KRW	2.28 ILS
2,500 KRW	5.69 ILS
5,000 KRW	11.38 ILS
10,000 KRW	22.76 ILS

Provider / Channel	ILS/KRW Effective Exchange Rate	Estimated Fee	Estimated Received (KRW)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	439.4591 KRW	0.00%	2,197,295.44 KRW	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	424.0780 KRW	~3.50%	2,120,390.10 KRW	-76,905.34 KRW
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	395.5132 KRW	~10.00%	1,977,565.90 KRW	-219,729.54 KRW

1 ILS to KRW: Israeli New Shekel to South Korean Won Exchange Guide

Searches for 1 ILS to KRW or convert ILS to KRW describe the amount of South Korean Won received per 1 Israeli New Shekel. At today's wholesale baseline of 1 ILS = 439.4591 KRW (inverse: 1 KRW = 0.0023 ILS), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Israel ↔ South Korea)

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 Bank of Korea (BoK) shape the medium-to-long term valuation of ILS/KRW.

ILS and KRW Currency Profiles

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

How the ILS to KRW Exchange Rate Works

Foreign exchange transactions between Israel (ILS) and South Korea (KRW) 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 KRW:

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 Bank of Korea (BoK) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Israel and South Korea 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 (KRW) 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 South Korean Won Conversion

Common questions regarding Israeli New Shekel to South Korean Won conversion, bank spreads, and transfer costs.

How much is 1,000 ILS in KRW today?

At the current mid-market exchange rate (1 ILS = 439.4591 KRW), 1,000 Israeli New Shekel equals approximately 439,459.09 South Korean Won. 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.