EUR to ILS in August 2026: high, low, average
Updated September 26, 2026
The euro averaged 3.4671 Israeli shekels in August 2026, based on 21 ECB reference rates. That was almost the same as in July (3.4629), and dramatically lower than a year earlier: in August 2025 the euro averaged 3.9507 shekels, so this August it was 12.24% cheaper. Within the month the rate travelled a range of 3.15%.
Two moments that defined August
The slide to August 14. The euro opened at its monthly high of 3.5194 and then lost ground on most days. It fell 0.98% on August 4, the largest drop of the month, and 0.77% on August 14, which brought it to the low of 3.4118.
The rebound of August 18 to 20. In three fixings the euro recovered almost all of that ground. It rose 1.23% on August 18, the largest gain of the month, and 0.82% on August 20, reaching 3.495.
After that the shekel regained part of the lost ground in the last week, and the euro closed at 3.4647. The euro fell on 13 fixings and rose on 8.
Daily EUR/ILS rates
| Date | ILS per 1 EUR | Versus previous fixing |
|---|---|---|
| August 3 | 3.5194 | up |
| August 4 | 3.485 | down |
| August 5 | 3.4672 | down |
| August 6 | 3.4774 | up |
| August 7 | 3.4638 | down |
| August 10 | 3.4671 | up |
| August 11 | 3.4611 | down |
| August 12 | 3.4514 | down |
| August 13 | 3.4383 | down |
| August 14 | 3.4118 | down |
| August 17 | 3.4214 | up |
| August 18 | 3.4635 | up |
| August 19 | 3.4666 | up |
| August 20 | 3.495 | up |
| August 21 | 3.4917 | down |
| August 24 | 3.4901 | down |
| August 25 | 3.4781 | down |
| August 26 | 3.4706 | down |
| August 27 | 3.4634 | down |
| August 28 | 3.4612 | down |
| August 31 | 3.4647 | up |
Figures at a glance
| Measure | EUR/ILS |
|---|---|
| Average | 3.4671 |
| High | 3.5194 (August 3) |
| Low | 3.4118 (August 14) |
| Change first to last | down 1.55% |
| Range | 3.15% |
| July 2026 average | 3.4629 |
| August 2025 average | 3.9507 |
A shekel stronger than a year ago
The year-on-year fall of 12.24% is the key number for Israeli households and businesses dealing with Europe.
Israeli travellers to Europe. Trips to Greece, Cyprus, Italy and elsewhere in the euro area cost considerably fewer shekels than a year ago. At the monthly average one shekel bought 0.28844 euros.
Israeli exporters. Firms selling to European customers in euros, from medical devices to agricultural produce, receive fewer shekels per euro. Many have to raise euro prices or accept thinner margins.
European investors. Holding Israeli assets has become more valuable in euro terms thanks to the stronger shekel.
Students and families. Israelis studying in Europe, or families paying tuition in euros, benefit from the lower rate.
Volatility within the month
The euro moved by more than half a percent on five days in August. On the busiest days, a payment of the same size in euros differed noticeably in shekels depending on whether it was made before or after the move. For large conversions, splitting the amount over several days limits the effect of a single volatile fixing.
Anyone who converted on August 14 and again on August 20 saw a gap of more than 2% between the two fixings, only four business days apart.
Where the rate comes from
The ECB publishes the shekel in its list of euro reference rates each business day. The Bank of Israel sets its own representative rate. The two series track each other closely, with small differences because they are set at different times.
What to do
- Look up the rate for your date on EUR/ILS daily rates in August 2026.
- Check the start of the month on EUR/ILS on the high day of the month.
- Compare with other months on EUR/ILS in 2026.
- See the EUR to ILS exchange rate today, and use the 100 EUR to ILS converter for quick sums.
Questions and answers
What was the average EUR to ILS rate in August 2026?
The euro averaged 3.4671 Israeli shekels across 21 ECB reference rates in August 2026.
When was the shekel strongest against the euro in August 2026?
On August 14, 2026, when the fixing fell to 3.4118 shekels per euro.
How much cheaper is the euro in shekels than a year ago?
The August 2026 average of 3.4671 was 12.24% below the August 2025 average of 3.9507.