🇳🇬 NGN to 🇨🇦 CAD — Nigerian Naira to Canadian Dollar (C$) Rate Today
Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.
Convert Nigerian Naira to Canadian Dollar using the live indicative interbank rate and the converter below. Covers the cost of sending to Canada via the major mobile money apps.
Currency converter
NGN → CAD conversion table
| NGN | CAD |
|---|---|
| 500 | 0.50 |
| 1,000 | 1.00 |
| 2,000 | 2.00 |
| 5,000 | 5.01 |
| 10,000 | 10.02 |
| 25,000 | 25.05 |
| 50,000 | 50.11 |
| 100,000 | 100.22 |
| 250,000 | 250.55 |
| 500,000 | 501.10 |
| 1,000,000 | 1,002.19 |
Table computed at the indicative rate of 1 NGN = 0.00 CAD. Real operator-side values include a 1%-4% spread.
Nigerian Naira to Canadian Dollar exchange rate history
About the Nigerian Naira
The Nigerian Naira (NGN, ₦) is the official currency of Nigeria, issued by the Central Bank of Nigeria (CBN) since 1973 when it replaced the Nigerian pound. Subdivided into 100 kobo, the Naira is one of Africa's most-traded currencies and the principal medium of exchange for the continent's largest economy. Since the CBN's 2023 unification of the parallel and official exchange rate windows through what it calls the NAFEM mechanism, the Naira has traded under market-driven pricing rather than the previous administered peg. Nigeria receives an estimated 20 billion USD a year in formal remittances, and for inbound flows to MTN MoMo PSB, OPay, PalmPay and Moniepoint the published Naira rate is now typically within 1%-3% of the parallel market — a sharp narrowing compared to the 30%-60% gaps that prevailed before unification.
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FAQ
What is the NGN/CAD exchange rate today?
How much is 100 NGN in CAD?
What's the best way to send Nigerian Naira to Canada?
Is the Canadian Dollar a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Canada, see the inbound corridor comparison.