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ISRAEL EXCHANGE RATES (ILS) API
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Pull official Bank of Israel shekel rates and six-bank FX comparisons through one integration layer
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INTRODUCTION
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The Israel Exchange Rates - ILS API integration gives developers, fintech teams,
and treasury platforms direct, programmatic access to the data that powers the
popular Israel Exchange Rates - ILS app: the Bank of Israel's official
representative shekel rates, plus side-by-side FX boards from six leading
Israeli banks. Instead of manually checking rate boards or relying on outdated
spreadsheets, businesses can now connect to a structured, documented data
pipeline built on the Bank of Israel's open-data SDMX feed and authorized
per-bank rate extraction.
Whether you are building an accounting tool, a remittance platform, a treasury
dashboard, or a currency research product, this integration approach turns a
fragmented set of public data sources into one normalized, reliable feed —
covering 28 currencies against the Israeli shekel (ILS), updated on the
cadence each source actually supports.
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SUPPORTED API FEATURES
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Official Bank of Israel representative exchange rates for 28 currencies vs ILS
Six-bank FX comparison data (Bank Hapoalim, Bank Leumi, Mizrahi Tefahot,
First International Bank, Israel Discount Bank, Israel Post)
Buy/sell and cash/transfer rate alignment across all bank sources
Historical rate series across 1-month, 3-month, 6-month and 1-year windows
Daily benchmark updates plus intraday polling of individual bank boards
Normalized, single-schema output (OpenAPI-documented) merging all sources
into one consistent record per currency
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USE CASES & APPLICATIONS
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[1] Accounting & Invoicing Systems
Stamp invoices and ledgers with the official daily ILS benchmark rate
Automate multi-currency reconciliation using a trusted government source
Avoid manual rate lookups for cross-border billing
[2] Remittance & Treasury Tools
Compare live spreads across six Israeli banks before routing a transfer
Identify the cheapest buy/sell rate in real time
Reduce FX costs on recurring international payments
[3] Currency Research & Analytics Dashboards
Chart shekel trends over 1-month to 1-year historical windows
Backtest pricing or hedging strategies against real BOI history
Power data visualizations for market research teams
[4] Fintech & Banking Applications
Embed a reliable ILS exchange rate feed into a mobile or web banking app
Build currency converter features without maintaining your own data pipeline
Offer customers a transparent multi-bank rate comparison
[5] E-commerce & Cross-Border Trade Platforms
Price products dynamically against the official shekel benchmark
Support Israeli customers with accurate, up-to-date currency conversion
Automate FX-aware checkout and settlement calculations
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BENEFITS & ADVANTAGES
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Sources data directly from the Bank of Israel's open-data SDMX feed —
the most authoritative and durable rate source available
Adds six-bank comparison data not available from the central feed alone
Normalized output means one consistent schema instead of six different formats
Built-in handling of non-business-day gaps — no silent zeros or fabricated rates
Bank-board drift detection flags layout changes instead of passing bad data
Covers a full 28-currency set with automated completeness testing
Public, non-personal data — no account access or consent flow required
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SUBSCRIPTION PLANS
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Two engagement models are available depending on how you want to consume
the data:
Source-code delivery — a complete, runnable client (Python or Node.js)
including SDMX pulls, per-bank extraction adapters, tests, and
documentation, starting at $300, billed only after delivery
Hosted API access — skip owning the code and call ready-made endpoints
on a pay-per-call basis, with no upfront commitment
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CONCLUSION
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The Israel Exchange Rates - ILS data set combines an authoritative
government benchmark with real commercial bank comparisons — a
combination that is genuinely useful but awkward to assemble manually.
By integrating the Bank of Israel's SDMX feed with authorized per-bank
extraction, businesses get a normalized, tested, and well-documented
rate service ready to plug into accounting, treasury, remittance, or
analytics products.
If your platform needs reliable shekel exchange rate data — daily,
intraday, or historical — this is a build that can be scoped and
delivered in one to two weeks.
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Learn more / get started:
https://openbankingstudio.com/israel-exchange-rates-ils.html
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