Convert Canadian Dollar to Israeli New Sheqel
Please provide values below to convert Canadian Dollar [CAD] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Canadian Dollar.
How to Convert Canadian Dollar to Israeli New Sheqel
1 CAD = 0.407324364723468 ILS
Example: convert 15 CAD to ILS:
15 CAD = 15 × 0.407324364723468 ILS = 6.10986547085202 ILS
Canadian Dollar to Israeli New Sheqel Conversion Table
| Canadian Dollar | Israeli New Sheqel |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.