Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

NGN to CAD Transfers Compared

NGN-CAD Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Canada can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Canada bank accounts or pay a Canadian dollar invoice.

 
   

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 = 0.000988 CAD
1d−0.6%▼
Tracker
  1 CAD = 1,012.3 NGN

90-day market context

NGN to CAD is at 30-day lows near 0.000988, 1.5% below its 3-month average of 0.001003, having traded in a quite stable 5.3% range from 0.000972 to 0.001024
|

Currency Forecasts related to NGN/CAD

USD to CAD Exchange Rate Forecast & Outlook

Currently, USD/CAD is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...

Read forecast

EUR to CAD Exchange Rate Forecast & Outlook

Currently, EUR/CAD is trading close to its 3-month average of 1.6035 and held within a narrow 4.3% range. The dominant driver remains central bank policy, with the Bank of Canada maintaining steady rates at...

Read forecast

CAD to GBP Exchange Rate Forecast & Outlook

Currently, CAD/GBP is trading near its 3-month average and within a stable range, supported by the rate differential between Canada and the UK. The pair remains consolidating within recent levels, with no clear directional bias.

Read forecast

 

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$ 0.0010
₦ 5 C$ 0.0049
₦ 10 C$ 0.0099
₦ 20 C$ 0.0198
₦ 50 C$ 0.0494
₦ 100 C$ 0.0988
₦ 250 C$ 0.2470
₦ 500 C$ 0.4940
₦ 1,000 C$ 0.9880
₦ 2,000 C$ 1.9760
₦ 5,000 C$ 4.9400
₦ 10,000 C$ 9.8800
₦ 20,000 C$ 19.76
₦ 50,000 C$ 49.40
₦ 100,000 C$ 98.80
NGN CAD

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?

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?

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.

 

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