The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to Israel can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Israel bank accounts or pay a Israeli new sheqel invoice.
CAD to ILS Market Data
Canadian dollar (CAD) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD to ILS at 2.5552 is 1.3% below its 3-month average of 2.5901, having traded in a relatively stable 7.6% range from 2.5213 to 2.7125
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Tracker
1 ILS =
0.3911 CAD
Is the CAD to ILS Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the Israeli new sheqel is to review how the CAD/ILS rate has changed over time.
The table below shows the percentage change in the CAD to ILS exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/ILS
Change
Period
23 May 2025
2.6290
2.8% ▼
2 Week
08 Mar 2025
2.5332
0.9% ▲
3 Month
06 Jun 2024
2.7296
6.4% ▼
1 Year
07 Jun 2020
2.5889
1.3% ▼
5 Year
09 Jun 2015
3.0992
17.5% ▼
10 Year
11 Jun 2005
3.5390
27.8% ▼
20 Year
CAD/ILS historic rates & change to 06-Jun-2025
CAD/ILS trading at 2.55, down 1.3% from 3-month avg. Canadian $ under pressure from trade deficit & potential unemployment rise. Analysts watching oil prices ($65.34) & Israeli geopolitical tensions as key drivers for the pair. #FX #CAD #ILS
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Israeli new sheqel across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
The standard OFX CAD-ILS rate is 2.4813, -3% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Israeli new sheqel (ILS) rates from different sources before making a conversion.
The above
Loonie to Shekel comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-ILS mid-rate and the possible savings of using various providers.
How do CAD-ILS rates compare between providers?
Looking at the
full comparison table
the best CAD to ILS exchange rate is 2.5443 from OFX, -0.5% from the mid-market rate 2.5571. The next best rate is 2.5421 from Wise, -0.59% from the mid-rate. Then XE with 2.5418 is -0.6% from the mid-rate.
The Western Union rate is 2.5316 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 2.4046 at -6% compared to the mid-rate 2.5571.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: