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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

09 May 2026 • 00:48 GMT

CAD/ILS 2.1212

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 2.0840 – 2.1210
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, CAD/ILS is trading close to 90-day lows near 2.1212, holding below the 3-month average of 2.2353. Risk sentiment driven by geopolitical risks and oil price volatility supports a weaker Canadian dollar. Over the next few sessions, the pair may remain supported by risk-off conditions, which could keep the currency pair under pressure near recent lows.

💸 Transfer implications

  • Expats: sending money to Israel may find Canadian dollars less favourable than recent levels if the pair declines further.
  • Travellers: buying Israeli New Shekel (ILS) cash or loading currency cards might face higher costs if the pair stays weak.
  • Businesses: paying overseas invoices in ILS with CAD could encounter less advantageous exchange rates if the current downtrend persists.

🧭 Key drivers

  • Rate gap: The policy or yield differential between Canada and Israel remains unclear, but no immediate change is evident.
  • Risk/commodities: Elevated geopolitical tensions and oil market volatility bolster safe-haven flows, pressuring risk-sensitive currencies like CAD.
  • Global factors: A risk-off environment dominates global markets, supported by ongoing geopolitical tensions in the Middle East.

⚠️ What could change it

  • Upside risk: A resolution of Middle East tensions or stabilization in oil prices may support CAD and weaken safe-haven flows.
  • Downside risk: Further escalation in geopolitical risks could exacerbate risk aversion, pushing CAD/ILS lower.

BER suggestions: Comparing FX providers may help offset less favourable exchange conditions and potentially reduce transfer costs.

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 =
2.1239We compare provider deals to this wholesale mid-market rate. Read more
ILS
1d+0.3%▲
90dLows◒
CAD to ILS at 2.1272 is 4.6% below its 3-month average of 2.2289, having traded in a fairly volatile 8.4% range from 2.1212 to 2.2987
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  1 ILS = 0.4708 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
29 Apr 2026
2.1741
2.1% ▼2 Week
12 Feb 2026
2.2510
5.4% ▼3 Month
13 May 2025
2.5561
16.7% ▼1 Year
14 May 2021
2.7047
21.3% ▼5 Year
15 May 2016
2.9237
27.2% ▼10 Year
18 May 2006
3.9895
46.6% ▼20 Year
CAD/ILS historic rates & change to 13-May-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