ILS/CAD
Market Open
15 Jun, 08:29
CA$
0. 483880
+0.006049
+1.2658%
CA$
12,153 Volume
CA$ 0.477831
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ILSCAD Overview
ILSCAD denotes the exchange rate of the Israeli New Shekel (ILS) against the Canadian dollar (CAD), indicating how many Canadian dollars are required to purchase one shekel. It is used to price cross-border transactions and assess currency exposure between the two economies.
The Israeli New Shekel is the official currency of Israel, issued and regulated by the Bank of Israel. It acts as the unit of account for the country’s domestic commerce and financial markets.
The Canadian dollar is Canada’s sovereign currency and is issued by the Bank of Canada. It is actively traded internationally and often reflects movements in commodity markets given Canada’s resource exports.
The exchange rate is determined by supply and demand in the forex market, with interest rate differentials, inflation outlooks and central bank policies from the two issuers shaping trends. Geopolitical events, commodity price shifts and cross-border capital flows also drive volatility.
Market participants monitor ILSCAD for hedging trade exposure, managing investment risk and seeking speculative opportunities. Fluctuations in the pair can influence import costs, margins and allocation decisions for businesses and investors.
The Israeli New Shekel is the official currency of Israel, issued and regulated by the Bank of Israel. It acts as the unit of account for the country’s domestic commerce and financial markets.
The Canadian dollar is Canada’s sovereign currency and is issued by the Bank of Canada. It is actively traded internationally and often reflects movements in commodity markets given Canada’s resource exports.
The exchange rate is determined by supply and demand in the forex market, with interest rate differentials, inflation outlooks and central bank policies from the two issuers shaping trends. Geopolitical events, commodity price shifts and cross-border capital flows also drive volatility.
Market participants monitor ILSCAD for hedging trade exposure, managing investment risk and seeking speculative opportunities. Fluctuations in the pair can influence import costs, margins and allocation decisions for businesses and investors.
ILSCAD Chart
ILSCAD FAQ
What is the current ILS/CAD price?
The current rate is CA$0.483880, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the ILS/CAD rate changed today?
The rate has changed by +0.006049 (+1.2658%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was CA$0.477831, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is ILS/CAD moving up or down?
Movements in ILS/CAD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.2658%) is based on the difference between the current rate and the previous closing rate.
Is ILS/CAD trending up or down right now?
If the current rate (CA$0.483880) is above the previous close (CA$0.477831), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for ILS/CAD directly on this page.
