What is the current MTL to ILS exchange rate?

The current mid-market exchange rate is 1 MTL = 8.4228 ILS. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MTL to ILS rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MTL to ILS?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MTL/ILS rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MTL to ILS — live rate

Convert Maltese Liras to Israeli New Shekels and compare the real cost of sending money.

You send

MTL

They receive

ILS

1 MTL = 8.4228 ILS • Mid-market rate

Updated just now

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Historical MTL/ILS exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MTL to ILS

1 MTL → 8.42 ILS

5 MTL → 42.11 ILS

10 MTL → 84.23 ILS

50 MTL → 421.14 ILS

100 MTL → 842.28 ILS

500 MTL → 4,211.39 ILS

1,000 MTL → 8,422.78 ILS

5,000 MTL → 42,113.90 ILS

Currency snapshots

MTL — Maltese Lira

ISO Code MTL

Central Bank Central Bank of Malta

Common Notes 2, 5, 10, 20 liri

Learn more about MTL

ILS — Israeli New Shekel

ISO Code ILS

Symbol ₪

Central Bank Bank of Israel

Common Notes ₪20, ₪50, ₪100, ₪200

Learn more about ILS

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert MTL to ILS — live rate

Historical MTL/ILS exchange rate

Quick reference: MTL to ILS

Real cost of MTL → ILS

Estimated savings

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Currency snapshots