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The Israeli New Sheqel (ILS) is the official currency of Israel, introduced in 1985 to replace the old Sheqel. It is subdivided into 100 agorot and is used for all monetary transactions within the country, playing a critical role in the Israeli economy and international trade.
The Canadian Dollar (CAD) is the official currency of Canada, represented by the symbol '$' and the code 'CAD'. It is subdivided into 100 cents and is one of the most traded currencies in the world, often regarded as a commodity currency due to Canada's rich natural resources.