The live mid-rate CAD to ILS exchange rate is 2.6098. Compare currency conversion rates - Reduce FX costs.
The best CAD to ILS exchange rate is our partner deal rate of 2.5968 from OFX . This is -0.5% compared to the mid-market rate 2.6098.
The standard OFX CAD-ILS rate is 2.5496, -2.3% 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.
Looking at our comparison table the best CAD to ILS exchange rate is 2.5968 from OFX, -0.5% from the mid-market rate 2.6098. The next best rate is 2.5941 from XE, -0.6% from the mid-rate. Then Wise with 2.5915 is -0.7% from the mid-rate.
The Western Union rate is 2.5837 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 2.4713 at -5.3% compared to the mid-rate 2.6098.
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.
The Loonie to Shekel comparison table above 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 (see Market Data below ) and the possible savings of using various providers.
Canadian dollar (CAD) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/ILS | Change | Period |
|---|---|---|---|
11 Apr 2025 | 2.6821 | 2.5% ▼ | 2 Week |
25 Jan 2025 | 2.4965 | 4.7% ▲ | 3 Month |
25 Apr 2024 | 2.7851 | 6.1% ▼ | 1 Year |
26 Apr 2020 | 2.4955 | 4.8% ▲ | 5 Year |
28 Apr 2015 | 3.2092 | 18.5% ▼ | 10 Year |
30 Apr 2005 | 3.4824 | 24.9% ▼ | 20 Year |
Here are some popular conversion amounts for CAD to ILS (Canadian dollar to Israeli new sheqel)*.
*Converted at the current CADILS interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Canadian dollar (CAD) is currently facing downward pressure due to declining oil prices, which play a significant role in its valuation given Canada's status as a major oil exporter. As analysts have noted, the loonie is closely tied to the dynamics of crude oil prices. With oil trading at approximately $66.87 per barrel, this represents a notable 6.8% drop from its three-month average of $71.74. The market for oil has experienced high volatility, swinging within a range of 27.5% from $61.58 to $78.50. This decline in oil prices is anticipated to weaken the CAD further in the near term, which has already reached a 14-day low of approximately 2.6098 against the Israeli shekel (ILS).
Read our full review of recent CAD to ILS forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Israeli new sheqel:
Generally speaking, if you are buying Israeli new sheqel with Canadian dollar, then it's better for the CAD/ILS exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Israel — a practical currency and money guide to travel in Israel plus living and doing business with the Israeli new sheqel.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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.
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
| Canada (CAD) | Israel (ILS) |
The cost of living in Israel is relatively high. The average monthly salary is around 4,000 NIS (approximately $1,145). The price of basic necessities such as food, transportation, and housing are all relatively expensive.
There is no one answer to this question as the expat life in Israel can be quite different depending on a person's situation. Some expats may find the transition to life in Israel to be quite easy, while others may find it to be more challenging. There are a number of different factors that can influence a person's experience, such as their reason for moving to Israel, their personal and professional networks, and their ability to speak Hebrew.
Read more at our Israel (ILS) country guide
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
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