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NGN to CAD Exchange Rates & Currency Deals

NGN-CAD Rate Calculator

 
 
   

Understanding the Table:

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’.

 
 
   

NGN to CAD Market Data

Nigerian naira (NGN) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell NGN   →   Buy CAD
1 NGN = 0.000881 CAD
-0.3% since yesterday
60d-highs
NGN to CAD at 0.000881 is just below its 3-month average, having traded in a quite volatile 10.3% range from 0.000857 to 0.000945
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Tracker

Is the NGN to CAD 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 Nigerian naira against the Canadian dollar is to review how the NGN/CAD rate has changed over time.

The table below shows the percentage change in the NGN to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateNGN/CADPeriod
24 May 2025
0.000864
2 Week
09 Mar 2025
0.000949
3 Month
07 Jun 2024
0.000936
1 Year
08 Jun 2020
0.003451
5 Year
10 Jun 2015
0.006179
10 Year
12 Jun 2005
0.009403
20 Year
NGN/CAD historic rates
 

NGN to CAD 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 Nigerian naira are worth in Canadian dollar across a range of amounts.

This gives a quick view of what you’d get when converting different NGN amounts at today’s rate * :

NGN CAD
₦ 1 C$ 0.0009
₦ 5 C$ 0.0044
₦ 10 C$ 0.0088
₦ 20 C$ 0.0176
₦ 50 C$ 0.0441
₦ 100 C$ 0.0881
₦ 250 C$ 0.2203
₦ 500 C$ 0.4405
₦ 1,000 C$ 0.8810
₦ 2,000 C$ 1.7620
₦ 5,000 C$ 4.4050
₦ 10,000 C$ 8.8100
₦ 20,000 C$ 17.62
₦ 50,000 C$ 44.05
₦ 100,000 C$ 88.10
NGN CAD
1.0000 C$ 1
5.0000 C$ 5
10.00 C$ 10
20.00 C$ 20
50.00 C$ 50
100.00 C$ 100
250.00 C$ 250
500.00 C$ 500
1,000 C$ 1,000
2,000 C$ 2,000
5,000 C$ 5,000
10,000 C$ 10,000
20,000 C$ 20,000
50,000 C$ 50,000
100,000 C$ 100,000

More amounts

*Converted at the current NGN-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for NGN to CAD?

The best NGN to CAD exchange rate is 0.0009 from WorldRemit. This is 2.2% compared to the mid-market rate 0.000881.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Nigerian naira (NGN) to Canadian dollar (CAD) rates from different sources before making a conversion.

The above Naira to Loonie 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 NGN-CAD mid-rate and the possible savings of using various providers. 

How do NGN-CAD rates compare between providers?

Looking at the full comparison table the best NGN to CAD exchange rate is 0.0009 from WorldRemit, 2.2% from the mid-market rate 0.000881.

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.

 

Compare NGN to CAD Transfer Rates

   

Currency Forecasts related to NGN/CAD

USD to CAD 2025 Forecasts

The USD to CAD exchange rate has experienced notable fluctuations recently, influenced by economic data releases and commodity price movements.

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EUR to CAD 2025 Forecasts

The EUR to CAD exchange rate has recently reached 30-day highs near 1.5732, reflecting a 0.6% increase above its three-month average of 1.5637.

Read more

CAD to GBP 2025 Forecasts

The CAD to GBP exchange rate is currently positioned at 0.5392, which is slightly below its three-month average.

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View a full list of exchange rates by selecting your Base (from) currency: