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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

04 Jul 2026 • 00:47 GMT

CAD/ILS 2.1118

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 2.1120 – 2.2640
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, CAD/ILS is trading just below its 3-month average, holding near recent highs within a volatile range. The pair is supported by risk-off sentiment and high net-short positions in CAD. Near-term conditions suggest the pair may face pressure if risk appetite improves and safe-haven flows recede.

💸 Transfer implications

  • Expats: sending money to Israel may find current levels relatively supportive if the pair weakens further.
  • Travellers: buying ILS may face less favourable exchange conditions if the pair declines.
  • Businesses: paying invoice in ILS could encounter slightly higher costs if the Canadian Dollar weakens.

🧭 Key drivers

  • Rate gap: U.S. dollar strength and oil price movements influence CAD stability against ILS.
  • Risk/commodities: Risk-off sentiment and high market skepticism support safe-havens, pressuring risk-sensitive currencies.
  • Global factors: Market risk sentiment remains the dominant near-term driver, impacting both currencies’ fundamentals.

⚠️ What could change it

  • Upside risk: Improvement in global risk appetite could reduce safe-haven flows and support CAD.
  • Downside risk: Sudden shifts toward risk aversion or a decline in oil prices may accelerate CAD weakness further.

BER suggests comparing FX providers to find lower margins, which can help offset less favourable exchange conditions.

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 =
2.1118We compare provider deals to this wholesale mid-market rate. Read more
ILS
1d0.0%
CAD to ILS at 2.1118 is just 0.8% below its 3-month average of 2.1289, having traded in a quite volatile 11.5% range from 2.0298 to 2.2637
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  1 ILS = 0.4735 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
19 Jun 2026
2.0875
1.2% 2 Week
04 Apr 2026
2.2444
5.9% 3 Month
03 Jul 2025
2.4597
14.1% 1 Year
04 Jul 2021
2.6512
20.3% 5 Year
05 Jul 2016
2.9934
29.4% 10 Year
08 Jul 2006
3.9360
46.3% 20 Year
CAD/ILS historic rates & change to 03-Jul-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.

 
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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