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 transaction type, details and click ‘GET RATES’.
CAD to ILS Market Data
Canadian dollar (CAD) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.
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:
Current CAD to ILS market bias is range-bound. Key drivers include stable interest rate policies from both the Bank of Canada and the Bank of Israel, and solid job growth in Canada. The Israeli shekel's strength reflects improved investor confidence, fueled by reduced geopolitical risks and positive GDP growth.
Near-term trading for CAD to ILS is expected to remain stable with limited fluctuations. An upside risk could arise from a significant recovery in oil prices, benefiting the CAD as a major oil exporter. Conversely, escalating geopolitical tensions could undermine support for the ILS and negatively impact market confidence.
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📉 CAD/ILS is currently range-bound. Interest rates are stable in both countries, with strong job growth in Canada boosting the CAD. Upside risk if oil prices rebound; downside risk if geopolitical tensions rise, affecting the ILS and market confidence
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CAD to ILS Conversion: What Is Your Money Worth?
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 * :
What is the
best Send Money conversion rate for CAD to ILS?
The best CAD to ILS exchange rate is 2.3193 from OFX . This is -0.3% compared to the mid-market rate 2.3263.
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
CAD to ILS - Send Money comparison table the provider with the best CAD to ILS exchange rate is OFX at 2.3193, -0.3% from the latest mid-market rate 2.3263.
The next best is Wise at 2.3186, -0.33% from the mid-rate.
Then XE at 2.3123, which is -0.6% from the mid-rate.
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.