Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

CAD to ILS Forecasts – Canadian dollar to Israeli new sheqel

Latest CAD to ILS forecasts including bank predictions, key market drivers and recent trends for CAD/ILS. See where analysts expect the pair to move and the factors likely to influence it.

 

CAD to ILS Forecast & Outlook

23 May 2026 • 00:48 GMT

CAD/ILS 2.0904

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 2.0540 – 2.0900
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, CAD/ILS is trading near 90-day lows around 2.0904, supported by a risk-off environment and the pair’s position at the lower end of its recent range. Over the next few sessions, the pair may remain under pressure if risk aversion persists, with near-term conditions suggesting a modest weakening of the Canadian Dollar against the Israeli New Shekel.

💸 Transfer implications

  • Expats: sending money to Israel may find the Canadian Dollar less favourable than recent levels.
  • Travellers: buying ILS with CAD could face slightly higher costs in the near term.
  • Businesses: paying ILS invoices with Canadian Dollars may see less advantageous exchange rates.

🧭 Key drivers

  • Rate gap: The Canadian Dollar remains near 90-day lows, with steady policy rates offering limited support.
  • Risk/commodities: Risk-off sentiment continues to underpin safe-haven flows, pressuring risk-sensitive currencies.
  • Global factors: Regional geopolitical tensions and cautious market sentiment dominate current dynamics.

⚠️ What could change it

  • Upside risk: A shift toward risk-on conditions or a bounce in oil prices could strengthen the CAD.
  • Downside risk: Escalating geopolitical issues or a worsening global risk attitude could extend the pair’s weakness.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

CAD-ILS Rate Calculator

 
 
   
   
   
   
   
 
 

CAD to ILS Market Data

Canadian dollar (CAD) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy ILS
1 CAD =
2.0902We compare provider deals to this wholesale mid-market rate. Read more
ILS
1d−1.1%▼
90dLows◒
CAD to ILS is at 90-day lows near 2.0904, 5.5% below its 3-month average of 2.2118, having traded in a fairly volatile 10.0% range from 2.0904 to 2.2987
|
Tracker

Manage Tracker   

  1 ILS = 0.4784 CAD

Compare & Save - Canadian dollar to Israeli new sheqel

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Israeli new sheqel (ILS) rates from different sources before making a conversion.

Use our CAD to ILS calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Shekel currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Israeli new sheqel?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Israeli new sheqel current value is to look the CAD/ILS historic rate and change over a range of periods.

The following table looks at the change in the CAD to ILS exchange rate over periods from the previous week back to the last 10 years.

DateCAD/ILSChangePeriod
08 May 2026
2.1221
0.5% ▼2 Week
21 Feb 2026
2.2762
7.2% ▼3 Month
22 May 2025
2.5944
18.6% ▼1 Year
23 May 2021
2.6972
21.7% ▼5 Year
24 May 2016
2.9378
28.1% ▼10 Year
27 May 2006
4.0925
48.4% ▼20 Year
CAD/ILS historic rates & change to 22-May-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/ILS to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more