CAD to ILS Exchange Rate - Convert Canadian Dollar to Israeli Shekel

Converting from Canadian Dollar (CAD) to Israeli Shekel (ILS)

What is Canadian Dollar (CAD)

The Canadian Dollar (CAD) is the official currency of Canada and is one of the most widely traded currencies in the world. Denoted by the symbol $, it is often preceded by a 'C' to distinguish it from other dollar-denominated currencies. The CAD is subdivided into 100 cents, and its coins come in various denominations, including 5 cents, 10 cents, 25 cents, $1 (often called a "loonie" due to the image of a common loon on the coin), and $2 (known as a "toonie").

The Bank of Canada is responsible for issuing and managing the currency. The value of the CAD is influenced by various factors, such as oil prices (given Canada's status as a major oil producer), interest rates, and overall economic stability. Exchange rates fluctuate based on supply and demand in the foreign exchange market. As of October 2023, the CAD has been relatively strong against many currencies, reflecting Canada's robust economy and natural resource wealth.

What is Israeli Shekel (ILS)

The Israeli Shekel (ILS) is the currency used in Israel. Its symbol is ₪, and it is accepted in various forms, including coins and notes. The Shekel is subdivided into 100 agorot. The currency has undergone several changes since its introduction, with the latest version being the New Israeli Shekel (NIS), which replaced the old Shekel in 1985.

The Bank of Israel manages the currency and regulates its value. The Israeli economy is known for its high-tech industry, agriculture, and tourism, which all contribute to the strength of the ILS. The exchange rate can be affected by factors such as Israel's trade balance, interest rates, and political stability in the region. Like the CAD, the ILS fluctuates based on market demands and global economic conditions.

Conversion from CAD to ILS

Converting Canadian Dollars to Israeli Shekels involves understanding the current exchange rate between the two currencies. The exchange rate can vary daily based on market conditions. As an example, if the current rate is 1 CAD = 2.50 ILS, to convert 100 CAD, you would multiply:

100 CAD × 2.50 ILS/CAD = 250 ILS

This means for every dollar you exchange, you will receive a specific amount in Shekels based on the rate at that time. It is advisable to check the current rates through banks or money transfer services before making any conversions.

In conclusion, understanding the CAD and ILS is essential for anyone involved in trade or travel between Canada and Israel. By being aware of the current conversion rates, one can ensure they are getting a fair deal when exchanging currencies.

Canadian Dollar to Israeli Shekel conversion table

CAD to ILS conversion table

Canadian Dollar (CAD)Israeli Shekel (ILS)
1 CAD2.6102921047 ILS
2 CAD5.22058420939 ILS
3 CAD7.83087631409 ILS
4 CAD10.44116841879 ILS
5 CAD13.05146052348 ILS
6 CAD15.66175262818 ILS
7 CAD18.27204473288 ILS
8 CAD20.88233683757 ILS
9 CAD23.49262894227 ILS
10 CAD26.10292104697 ILS
100 CAD261.02921046966 ILS
200 CAD522.05842093933 ILS
300 CAD783.08763140899 ILS
400 CAD1 044.11684187866 ILS
500 CAD1 305.14605234832 ILS
600 CAD1 566.17526281799 ILS
700 CAD1 827.20447328765 ILS
800 CAD2 088.23368375732 ILS
900 CAD2 349.26289422698 ILS
1 000 CAD2 610.29210469665 ILS
2 000 CAD5 220.5842093933 ILS
5 000 CAD13 051.46052348325 ILS
10 000 CAD26 102.9210469665 ILS
20 000 CAD52 205.84209393299 ILS
50 000 CAD130 514.60523483248 ILS
100 000 CAD261 029.21046966495 ILS
Last updated April 25, 2025 at 11:55 PM