LocalExchangeRates.com

Official Rate Sheet: Israeli New Shekel (ILS) / Panamanian Balboa (PAB)

Date generated:

Mid-Market Rate: 1 ILS = 0.3267 PAB

Real-Time Interbank Wholesale Feed: October 6, 2026

Israeli New Shekel to Panamanian Balboa Exchange Rate (ILS to PAB)

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 PAB?

1 ILS = 0.3267 PAB

At the current mid-market wholesale exchange rate, converting 1,000 Israeli New Shekel (ILS) yields approximately 326.73 Panamanian Balboa (PAB) (inverse rate: 1 PAB = 3.0606 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): PAB

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

Kurs rynkowy: 1 ILS = 0.3267 PAB

Kurs odwrotny: 1 PAB = 3.0606 ILS

Status danych: Live Data (Redis)

Looking for reverse calculation? Check PAB to ILS (Panamanian Balboa to Israeli New Shekel) Live Converter →

ILS to PAB Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Israeli New Shekel against Panamanian Balboa

Period High

0.3307 PAB

Period Low

0.3228 PAB

Volatility / Avg

0.3267 PAB

Mid-Market Trend

+0.25%

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

Min: 0.3228 PAB

Max: 0.3307 PAB

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

Min: 0.3153 PAB

Max: 0.3382 PAB

Standard Denomination Conversion Matrix (ILS & PAB)

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

Israeli New Shekel → Panamanian Balboa (ILS / PAB)

Wholesale Benchmark

Israeli New Shekel (ILS)	Panamanian Balboa (PAB)
1 ILS	0.33 PAB
5 ILS	1.63 PAB
10 ILS	3.27 PAB
25 ILS	8.17 PAB
50 ILS	16.34 PAB
100 ILS	32.67 PAB
200 ILS	65.35 PAB
250 ILS	81.68 PAB
500 ILS	163.36 PAB
1,000 ILS	326.73 PAB
2,500 ILS	816.82 PAB
5,000 ILS	1,633.65 PAB
10,000 ILS	3,267.29 PAB

Panamanian Balboa → Israeli New Shekel (PAB / ILS)

Wholesale Benchmark

Panamanian Balboa (PAB)	Israeli New Shekel (ILS)
1 PAB	3.06 ILS
5 PAB	15.30 ILS
10 PAB	30.61 ILS
25 PAB	76.52 ILS
50 PAB	153.03 ILS
100 PAB	306.06 ILS
200 PAB	612.13 ILS
250 PAB	765.16 ILS
500 PAB	1,530.32 ILS
1,000 PAB	3,060.64 ILS
2,500 PAB	7,651.59 ILS
5,000 PAB	15,303.19 ILS
10,000 PAB	30,606.38 ILS

Provider / Channel	ILS/PAB Effective Exchange Rate	Estimated Fee	Estimated Received (PAB)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.3267 PAB	0.00%	1,633.65 PAB	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.3153 PAB	~3.50%	1,576.47 PAB	-57.18 PAB
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.2941 PAB	~10.00%	1,470.28 PAB	-163.36 PAB

1 ILS to PAB: Israeli New Shekel to Panamanian Balboa Exchange Guide

Searches for 1 ILS to PAB or convert ILS to PAB describe the amount of Panamanian Balboa received per 1 Israeli New Shekel. At today's wholesale baseline of 1 ILS = 0.3267 PAB (inverse: 1 PAB = 3.0606 ILS), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Israel ↔ Panama)

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 National Bank of Panama (BNP) shape the medium-to-long term valuation of ILS/PAB.

ILS and PAB Currency Profiles

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

How the ILS to PAB Exchange Rate Works

Foreign exchange transactions between Israel (ILS) and Panama (PAB) 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 PAB:

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 National Bank of Panama (BNP) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Israel and Panama 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 (PAB) 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 Panamanian Balboa Conversion

Common questions regarding Israeli New Shekel to Panamanian Balboa conversion, bank spreads, and transfer costs.

How much is 1,000 ILS in PAB today?

At the current mid-market exchange rate (1 ILS = 0.3267 PAB), 1,000 Israeli New Shekel equals approximately 326.73 Panamanian Balboa. 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.