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CAD to ILS 2026 Forecasts

Analysis of recent loonie → shekel forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Israeli new sheqel performance and trends.

 

CAD/ILS Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by a recent interest rate cut in Israel.

Key drivers:

  • Rate gap: The Bank of Canada kept its interest rate unchanged, while the Bank of Israel recently cut its benchmark rate, favoring the shekel over the loonie.
  • Risk/commodities: Oil prices are at multi-month highs, which usually supports the loonie; however, current CAD performance is weakened, limiting its effect.
  • Economic growth: Israel's GDP is projected to grow robustly, enhancing confidence in the shekel's strength and further impacting the CAD/ILS rate.

Range: The CAD/ILS is likely to drift within its recent 3-month range, facing downward pressure amid the current conditions.

What could change it:

  • Upside risk: A significant recovery in oil prices leading to increased demand for Canadian exports.
  • Downside risk: Further rate cuts by the Bank of Israel, which could strengthen the ILS against the CAD.

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 =
2.2684We compare provider deals to this wholesale mid-market rate. Read more
ILS
1d−1.1%▼
 
CAD to ILS is at 7-day lows near 2.2684, 1.8% below its 3-month average of 2.3098, having traded in a very stable 4.0% range from 2.2587 to 2.3500
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  1 ILS = 0.4408 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.

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.

 
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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