Originally Posted by mbgg

There are licenced currency exchanges all over Tel-Aviv that charge no commission. The Post Office also charges no commission, but has longer lines and shorter hours than the private stores. However, for comparison purposes you can always check the Post Office current rates online:

http://tinyurl.com/nh6mcrl

You can also withdraw shekels from an ATM at a good rate, but you have to check the fees involved with your bank or credit card company (it is generally considered the best method if the fees are low). Never change money at one of the commercial banks.