1 CAD to NGN - Convert Canadian Dollar to Nigerian Naira

Looking at the 30-day window, the CAD/NGN pair traded in a range of 981.9811 to 1,043.7422. The monthly average was 1,013.6830 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the CAD/NGN currency pair.

The current mid-market exchange rate is 1 CAD = 1,001.2215 NGN, updated as of June 13, 2026, 5:19 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Canadian Dollar to Nigerian Naira Exchange Rate

The CAD/NGN exchange rate tells you how many Nigerian Naira (NGN) you receive for every Canadian Dollar (CAD). At the current mid-market rate of 1 CAD = 1,001.2215 NGN, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

CAD/NGN for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the CAD to NGN rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Historical CAD/NGN Trends

The CAD/NGN exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Canadian Dollar Overview

The Canadian Dollar (CAD) is the official currency of Canada and is heavily influenced by commodity prices, particularly crude oil. It is the fifth most held reserve currency in the world. Understanding the fundamentals behind CAD helps contextualize its exchange rate movements against NGN and other currencies.

Nigerian Naira Overview

The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's largest economy. Oil exports, remittances, and the recent rate unification have shaped the naira's evolving exchange rate regime. The NGN exchange rate against CAD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 CAD = 1,001.2215 NGN shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.