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’.
CAD to NGN Market Data
Canadian dollar (CAD) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell CAD →
Buy NGN
1 CAD = 1,134.9 NGN
▲+0.3% since yesterday
60d-lows
CAD to NGN at 1135 is just above its 3-month average, having traded in a quite volatile 10.2% range from 1058 to 1166
Is the CAD to NGN 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 Canadian dollar against the Nigerian naira is to review how the CAD/NGN rate has changed over time.
The table below shows the percentage change in the CAD to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/NGN
Change
Period
30 May 2025
1155.90
2.1% ▼
2 Week
15 Mar 2025
1064.26
6.3% ▲
3 Month
13 Jun 2024
1094.98
3.3% ▲
1 Year
14 Jun 2020
284.18
298.2% ▲
5 Year
16 Jun 2015
161.71
599.7% ▲
10 Year
18 Jun 2005
109.34
934.9% ▲
20 Year
CAD/NGN historic rates & change to 13-Jun-2025
CAD to NGN 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 Canadian dollar are worth in Nigerian naira across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to NGN?
The best CAD to NGN exchange rate is 1128.27 from Wise.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Nigerian naira (NGN) rates from different sources before making a conversion.
The above
Loonie to Naira 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 CAD-NGN mid-rate and the possible savings of using various providers.
How do CAD-NGN rates compare between providers?
Looking at the
full comparison table
the best CAD to NGN exchange rate is 1128.27 from Wise. The next best rate is 1117.92 from WorldRemit. Then Western Union with 1116.78.
Among the banks the TD Bank rate is -33.0832 compared to the mid-rate 1,134.9.
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.
Recent analyst forecasts indicate that the Canadian dollar (CAD) is currently supported by rising oil prices, which bolster its appeal as a commodity-linked currency.