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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.

 

Bias: Bearish-to-range-bound, as the CAD is below the 90-day average and in the lower half of the 3-month range.

Key drivers:

• Rate gap: The Bank of Canada recently cut its interest rate to support economic growth, while the Bank of Israel lowered its rate to improve inflation, creating a more favorable backdrop for the ILS.

• Risk/commodities: Oil prices are currently above the 3-month average, which could support the CAD if this trend continues, given Canada's status as a major oil exporter.

• One macro factor: The Bank of Israel's recent forecasts indicate strong economic growth and reduced geopolitical risks, bolstering the shekel's strength.

Range: The CAD/ILS pair is likely to remain range-bound within its recent trading range as both currencies face opposing pressures.

What could change it:

• Upside risk: A sustained increase in oil prices could boost the CAD significantly.

• Downside risk: Further declines in Canadian employment data may weaken the CAD against the ILS.

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 =
2.2587We compare provider deals to this wholesale mid-market rate. Read more
ILS
1d−0.1%▼
90dLows◒
CAD to ILS is at 90-day lows near 2.2587, 2.6% below its 3-month average of 2.3191, having traded in a quite stable 4.5% range from 2.2587 to 2.3607
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  1 ILS = 0.4427 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