Currency conversion rate as of November 12, 2024 was 1 USD = 3.75 ILS.Â
2023 data are estimates based on 11 months of data.Â
Data includes only 'consumer transactions' which are defined by the source as transactions up to 1 million Israeli shekels.
The ZAHAV system is Israel’s real-time gross settlement (RTGS) system, managed by the Bank of Israel. It enables individuals, businesses, and financial institutions to make immediate, final, and secure money transfers, with each transaction settled instantly to reduce risk. The system is known for its stability and high availability.
Citation formats
Annual value of consumer wire transfers in Israel 2015-2023
In 2023, the annual value of consumer electronic wire transfers, over Israel’s ZAHAV payment system, was just under *** billion Israeli shekels, about **** billion U.S. dollars. This reflected an increase of nearly **** percent in the value of transactions, of up to * Israeli shekels, from the previous year. Notably, transaction values rose by **** percent between 2020 and 2021.Â
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Bank of Israel. (August 11, 2024). Annual value of consumer wire transfer transactions over ZAHAV payment system in Israel from 2015 to 2023 (in billion Israeli shekels) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1535979/israel-annual-wire-transfer-total-value-zahav-system/
Bank of Israel. "Annual value of consumer wire transfer transactions over ZAHAV payment system in Israel from 2015 to 2023 (in billion Israeli shekels)." Chart. August 11, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1535979/israel-annual-wire-transfer-total-value-zahav-system/
Bank of Israel. (2024). Annual value of consumer wire transfer transactions over ZAHAV payment system in Israel from 2015 to 2023 (in billion Israeli shekels). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1535979/israel-annual-wire-transfer-total-value-zahav-system/
Bank of Israel. "Annual Value of Consumer Wire Transfer Transactions over Zahav Payment System in Israel from 2015 to 2023 (in Billion Israeli Shekels)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 11 Aug 2024, /statistics/1535979/israel-annual-wire-transfer-total-value-zahav-system/
Bank of Israel, Annual value of consumer wire transfer transactions over ZAHAV payment system in Israel from 2015 to 2023 (in billion Israeli shekels) ÌÇÐÄÆƽâ°æ, /statistics/1535979/israel-annual-wire-transfer-total-value-zahav-system/ (last visited July 28, 2026)
Annual value of consumer wire transfer transactions over ZAHAV payment system in Israel from 2015 to 2023 (in billion Israeli shekels) [Graph], Bank of Israel, August 11, 2024. [Online]. Available: /statistics/1535979/israel-annual-wire-transfer-total-value-zahav-system/
