CAD to NGN Exchange Rate

As of 2026-09-10, 1 CAD = 992.85 NGN (mid-market). Over the past 30 days it has ranged from 986.33 to 1,010.83.

CAD: The Canadian dollar floats freely: the Bank of Canada states that the flexible exchange rate, or floating dollar, permits an independent monetary policy aimed at its 2% inflation-control target, and that the dollar's value is not fixed to any other currency or to gold. The dollar has floated continuously since 31 May 1970. NGN: Nigeria's naira trades in the Nigerian Foreign Exchange Market (NFEM), where the Central Bank of Nigeria publishes a daily official USD/NGN rate calculated as the volume-weighted average of that day's NFEM transactions, a single market-determined rate that replaced Nigeria's earlier layered system of the Dutch Auction System/Wholesale DAS (from August 2005), the Inter-bank Foreign Exchange Market and the Bureau de Change segment. The CBN continues to revise NFEM operating guidelines — most recently in November 2024 — and to intervene directly, including disclosed foreign-exchange spot sales to authorised dealers.