Convert NGN to CAD — live rate

Convert Nigerian Nairas to Canadian Dollars and compare the real cost of sending money.

NGN
CAD
1 NGN = 0.0011 CAD • Mid-market rate
Updated just now
Compare transfers for NGN → CAD
No signup required • FCA-regulated providers only

Historical NGN/CAD exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: NGN to CAD

1 NGN → 0.00 CAD
5 NGN → 0.01 CAD
10 NGN → 0.01 CAD
50 NGN → 0.05 CAD
100 NGN → 0.11 CAD
500 NGN → 0.53 CAD
1,000 NGN → 1.07 CAD
5,000 NGN → 5.33 CAD

Real cost of NGN → CAD

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 NGN
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

NGN — Nigerian Naira
ISO Code NGN
Symbol ₦
Central Bank Central Bank of Nigeria
Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000
Learn more about NGN
CAD — Canadian Dollar
ISO Code CAD
Symbol $
Central Bank Bank of Canada
Common Notes $5, $10, $20, $50, $100
Learn more about CAD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.