Is your deposit interest worth more than the exchange rate?
A month of deposit interest can be worth about as much as a tiny move in the rate. See it in your own numbers.
In 38 days your interest is
$2,082≈ ₪6,603
That's the same as the dollar moving just 1.3 agorot (₪3.171 → ₪3.184)
You'd make ₪31,710 from the rate
That's 4.8× your interest.
Rates move both ways. Nobody knows which way next.
How far the dollar moved in the past year
Between ₪2.807 and ₪3.283, a range of 48 agorot. Your interest covers a move of just 1.3 agorot, the orange band.
The math in 10 seconds
1 month of interest on $500,000 at 4%
$1,644
about ₪5,212
The dollar moving just 1 agora, on the same $500,000
₪3.171 → ₪3.181
gives you ₪5,000 more
Use the calculator to estimate your potential gain or loss from exchange rate moves.
Keep your money ready, convert on your day
A standard Adesco account doesn't pay interest. What you get instead is the choice of day: your money stays ready, and you convert when the rate suits you.
Remember: the rate moves in both directions. With your money in your Adesco account, you can convert on the day you choose.
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Adesco is a Payments Company licensed by the Israel Securities Authority.
How it's calculated
Your interest
Amount × yearly rate × days ÷ 365, before tax.
The matching move
The latest rate moved by the same share as your interest.
What if
What a different rate makes or costs on your whole amount.
The full method
Your interest is your amount times the yearly rate, for the number of days you wait, on an ordinary 365-day year. It is shown before tax. Interest is taxed, so what you keep is lower.
The rate that matches your interest is today's rate moved by the same share as your interest. Selling foreign currency, it is today's rate plus that share. Buying with shekels, it is lower, by the amount your shekels' interest would cover.
What if the rate goes to… shows what a different rate would make or cost on your whole amount, compared with today's rate. The scale is green where the rate has moved your way by more than the interest, red where it has moved against you by more than the interest, and grey in between, where the interest is bigger than the move.
The past-year chart shows your currency against the shekel, worked out from the European Central Bank's daily euro reference rates. The orange band is today's rate plus and minus the move your interest covers. Past moves don't predict the next one.
A change can go for you or against you, and nobody catches the best day every time.
To see what a bank's markup costs on each conversion, try the FX savings calculator, or check today's exchange rates.
Common questions about deposits, timing and converting with Adesco
Deposit interest vs exchange rate FAQ
For information only, not financial or tax advice. The calculator starts from market reference rates, not Adesco's quoted rate for a conversion, and nobody can predict where rates will go next. Adesco is a Payments Company licensed by the Israel Securities Authority.