🇺🇸 1 USD = ₦1,400🇬🇧 1 GBP = ₦1,878🇪🇺 1 EUR = ₦1,625🇨🇦 1 CAD = ₦1,000🇺🇸 1 USD = ₦1,400🇬🇧 1 GBP = ₦1,878🇪🇺 1 EUR = ₦1,625🇨🇦 1 CAD = ₦1,000
Updated 29 June 2026 · Abokifx

Canadian Dollar to Naira Black Market Rate 29 June 2026

1 CAD → NGN · Lagos · Abuja · Kano · Port Harcourt
Sell (Aboki)
₦1,000 NGN
↑ 1.11% from yesterday
Buy (Aboki)
₦993
Spread: ₦7
CBN Official
₦990
+₦-10 premium (-1.0%)
Today’s rates — 29 June 2026
Sell Rate
₦1,000
↑ 1.11% today
Buy Rate
₦993
Spread: ₦7
CBN Rate
₦990
+-1.0% vs black mkt
Live rate
🇨🇦
Canadian Dollar (CAD) (CAD) → Nigerian Naira (NGN)
Open market · 29 June 2026
Sell price
1,000
Yesterday lower  ↑ 1.11%
Buy price
993
Spread ₦7  · 0.70%
🏦 CBN official rate: ₦990Black market premium: ₦-10 (-1.0%)
30-day chart
CAD / NGN — parallel market sell rate
Highest (30d)
₦1,088
Lowest (30d)
₦989
Average (30d)
₦1,062
Historical data
CAD / NGN — rate history
DateBuy (₦)Sell (₦)Change
26 Feb 2026₦1,000₦1,015+2.63%
19 Feb 2026₦978₦989-3.89%
16 Feb 2026₦1,013₦1,029-2.83%
12 Feb 2026₦1,044₦1,059-0.28%
06 Feb 2026₦1,044₦1,062+0.38%
04 Feb 2026₦1,044₦1,058-1.86%
02 Feb 2026₦1,063₦1,078-0.92%
29 Jan 2026₦1,077₦1,088+0.93%
20 Jan 2026₦1,065₦1,078+0.00%
19 Jan 2026₦1,065₦1,078+0.28%
15 Jan 2026₦1,068₦1,075-0.74%
12 Jan 2026₦1,071₦1,083+0.00%
10 Jan 2026₦1,071₦1,083+0.00%
06 Jan 2026₦1,071₦1,083-0.46%
↓ Download CSVUp to 90 days of data
Quick conversion table
CAD to Naira conversion table
At sell rate ₦1,000 per CAD
Amount
NGN
Amount
NGN
1 CAD
₦1,000
2 CAD
₦2,000
5 CAD
₦5,000
10 CAD
₦10,000
20 CAD
₦20,000
50 CAD
₦50,000
100 CAD
₦100,000
200 CAD
₦200,000
500 CAD
₦500,000
1000 CAD
₦1,000,000
2000 CAD
₦2,000,000
5000 CAD
₦5,000,000
About this rate

29 June 2026, the exchange rate for 1 Canadian Dollar to Nigerian Naira is ₦1,000. Compared to yesterday, this represents a ↑ 1.11% in value.

If you're planning to buy 1 Canadian Dollar at street value, the current rate would cost you approximately ₦1,000. Do you have 1 Canadian Dollar to sell? Here is the rate: ₦993 for CAD.

Recent CAD/NGN Rate History & Calculator

Rate TypeAmount (₦)
Buy Rate993
Sell Rate1,000

Canadian Dollar to Naira: Understanding the Market Dynamics

QtySell Total (₦)
1₦1,000
2₦2,000
3₦3,000
4₦4,000
5₦5,000
6₦6,000
7₦7,000
8₦8,000
9₦9,000
10₦10,000
11₦11,000
12₦12,000
13₦13,000
14₦14,000
15₦15,000
16₦16,000
17₦17,000
18₦18,000
19₦19,000
20₦20,000
21₦21,000
22₦22,000
23₦23,000
24₦24,000
25₦25,000
26₦26,000
27₦27,000
28₦28,000
29₦29,000
30₦30,000
31₦31,000
32₦32,000
33₦33,000
34₦34,000
35₦35,000
36₦36,000
37₦37,000
38₦38,000
39₦39,000
40₦40,000
41₦41,000
42₦42,000
43₦43,000
44₦44,000
45₦45,000
46₦46,000
47₦47,000
48₦48,000
49₦49,000
50₦50,000
51₦51,000
52₦52,000
53₦53,000
54₦54,000
55₦55,000
56₦56,000
57₦57,000
58₦58,000
59₦59,000
60₦60,000
61₦61,000
62₦62,000
63₦63,000
64₦64,000
65₦65,000
66₦66,000
67₦67,000
68₦68,000
69₦69,000
70₦70,000
71₦71,000
72₦72,000
73₦73,000
74₦74,000
75₦75,000
76₦76,000
77₦77,000
78₦78,000
79₦79,000
80₦80,000
81₦81,000
82₦82,000
83₦83,000
84₦84,000
85₦85,000
86₦86,000
87₦87,000
88₦88,000
89₦89,000
90₦90,000
91₦91,000
92₦92,000
93₦93,000
94₦94,000
95₦95,000
96₦96,000
97₦97,000
98₦98,000
99₦99,000
100₦100,000

The Canadian Dollar (CAD) to Nigerian Naira (NGN) black market exchange rate is important for travelers, businesspeople, and those with family between Nigeria and Canada. Thousands of Nigerians in Canada send money home to support their families and invest in businesses. This inflow and outflow keeps CAD/NGN demand volatile, and the Naira trending weaker.

The CAD to NGN exchange rate is influenced by Nigeria's foreign exchange policy. Limited access to CAD from CBN-partnered banks means many Nigerians turn to the thriving parallel (black) market for dollars. If you’re curious about the Canadian black market rate">Dollar to Naira Black Market rate, you’re in the right place:

Outlook and Predictions

Analysts expect the Canadian Dollar to keep rising against the Naira as demand outpaces supply. Market factors, OPEC quotas, and government policies affect the rate. Rates also depend on your location—Lagos, Abuja, or elsewhere.

Frequently Asked Questions (FAQs)

Related currencies
Related rate
US Dollar to Naira Black Market Rate [date] Today Abokifx
₦1,400sell
Related rate
Pound to Naira Black Market Rate [date] Abokifx
₦1,878sell
Related rate
Euro to Naira Black Market Rate [date]
₦1,625sell
Related rate
Japanese Yen to Naira Black Market Rate Today — JPY/NGN
₦8.54sell
Written by
Frequently asked questions
How much is 1 CAD to Naira today?
As of today, 1 Canadian Dollar (CAD) sells for ₦1,000 in the parallel (black) market.
What is the CBN rate vs black market rate?
The CBN official rate is ₦990. The black market sell rate is ₦1,000 — a spread of ₦10.
How much is 100 CAD to Naira in the black market?
100 CAD at today's black market sell rate is ₦100,000. Use the calculator above to convert any amount.
Why does the exchange rate keep changing?
The parallel market rate fluctuates daily based on supply and demand. Key drivers include oil revenue, CBN monetary policy, diaspora remittances, import demand, and BDC operator activity.
Is the black market rate different in Lagos vs Abuja?
Yes, rates can vary slightly by city. Lagos and Abuja (Wuse Zone 4) often show marginally different rates. We report an average across major Nigerian cities.
Rates sourced from CBN official data and open market aggregators · updated daily · for information purposes only