Nigerian Naira (₦) to Canadian Dollar (CA$) Conversion
| Currency | Amount | Variation (%) |
|---|---|---|
 NGN | 1 | - |
 CAD | 0.001 | -0.3881% |
 USD | 0.0007 | -0.3524% |
 EUR | 0.0006 | -0.1399% |
 GBP | 0.0005 | -0.1871% |
 JPY | 0.115 | -0.1291% |
 BRL | 0.0036 | -0.1954% |
 CNY | 0.0049 | -0.3914% |
 AUD | 0.001 | -0.4408% |
 CHF | 0.0006 | -0.1736% |
Updated: May 13, 2026
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by nominal GDP. Managed by the Central Bank of Nigeria, the naira has experienced significant depreciation in recent years following the unification of multiple exchange rate windows in 2023. Nigeria is a major oil producer and OPEC member, making the naira heavily exposed to global oil price volatility. The naira symbol (₦) was designed by Alhaji Abubakar Usman and adopted when the naira replaced the pound in 1973.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada and the sixth most traded currency in global foreign exchange markets. Often called the "loonie" after the loon bird on its one-dollar coin, the CAD is closely correlated with commodity prices — particularly oil, as Canada is one of the world's largest oil exporters. The Bank of Canada manages monetary policy independently of the US Federal Reserve, though the close trade relationship between Canada and the United States means the CAD/USD rate is one of the most watched currency pairs.
Frequently Asked Questions (FAQ)
How many Canadian Dollar are in 1 Nigerian Naira?
1 Nigerian Naira (₦) is exactly 1 Canadian Dollar (CA$).
How do I convert Nigerian Naira to Canadian Dollar?
Multiply the value in Nigerian Naira by 1 to get the result in Canadian Dollar. Or use the converter above — type any number and see the result instantly.