Today’s rates — 9 June 2026
Sell Rate
₦1,007
↑ 1.82% today
Buy Rate
₦999
Spread: ₦8
CBN Rate
₦990
+-1.7% vs black mkt
Live rate
🇨🇦
Canadian Dollar (CAD) (CAD) → Nigerian Naira (NGN)Sell price
₦1,007
Yesterday lower ↑ 1.82%
Buy price
₦999
Spread ₦8 · 0.79%
🏦 CBN official rate: ₦990Black market premium: ₦-17 (-1.7%)
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
| Date | Buy (₦) | 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 ₦1,007 per CAD
Amount
NGN
Amount
NGN
1 CAD
₦1,007
2 CAD
₦2,014
5 CAD
₦5,035
10 CAD
₦10,070
20 CAD
₦20,140
50 CAD
₦50,350
100 CAD
₦100,700
200 CAD
₦201,400
500 CAD
₦503,500
1000 CAD
₦1,007,000
2000 CAD
₦2,014,000
5000 CAD
₦5,035,000
About this rate
9 June 2026, the exchange rate for 1 Canadian Dollar to Nigerian Naira is ₦1,007. Compared to yesterday, this represents a ↑ 1.82% in value.
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.
If you're planning to buy 1 Canadian Dollar at street value, the current rate would cost you approximately ₦1,007. Do you have 1 Canadian Dollar to sell? Here is the rate: ₦999 for CAD.
Recent CAD/NGN Rate History & Calculator
| Rate Type | Amount (₦) |
|---|---|
| Buy Rate | 999 |
| Sell Rate | 1,007 |
Canadian Dollar to Naira: Understanding the Market Dynamics
| Qty | Sell Total (₦) |
|---|---|
| 1 | ₦1,007 |
| 2 | ₦2,014 |
| 3 | ₦3,021 |
| 4 | ₦4,028 |
| 5 | ₦5,035 |
| 6 | ₦6,042 |
| 7 | ₦7,049 |
| 8 | ₦8,056 |
| 9 | ₦9,063 |
| 10 | ₦10,070 |
| 11 | ₦11,077 |
| 12 | ₦12,084 |
| 13 | ₦13,091 |
| 14 | ₦14,098 |
| 15 | ₦15,105 |
| 16 | ₦16,112 |
| 17 | ₦17,119 |
| 18 | ₦18,126 |
| 19 | ₦19,133 |
| 20 | ₦20,140 |
| 21 | ₦21,147 |
| 22 | ₦22,154 |
| 23 | ₦23,161 |
| 24 | ₦24,168 |
| 25 | ₦25,175 |
| 26 | ₦26,182 |
| 27 | ₦27,189 |
| 28 | ₦28,196 |
| 29 | ₦29,203 |
| 30 | ₦30,210 |
| 31 | ₦31,217 |
| 32 | ₦32,224 |
| 33 | ₦33,231 |
| 34 | ₦34,238 |
| 35 | ₦35,245 |
| 36 | ₦36,252 |
| 37 | ₦37,259 |
| 38 | ₦38,266 |
| 39 | ₦39,273 |
| 40 | ₦40,280 |
| 41 | ₦41,287 |
| 42 | ₦42,294 |
| 43 | ₦43,301 |
| 44 | ₦44,308 |
| 45 | ₦45,315 |
| 46 | ₦46,322 |
| 47 | ₦47,329 |
| 48 | ₦48,336 |
| 49 | ₦49,343 |
| 50 | ₦50,350 |
| 51 | ₦51,357 |
| 52 | ₦52,364 |
| 53 | ₦53,371 |
| 54 | ₦54,378 |
| 55 | ₦55,385 |
| 56 | ₦56,392 |
| 57 | ₦57,399 |
| 58 | ₦58,406 |
| 59 | ₦59,413 |
| 60 | ₦60,420 |
| 61 | ₦61,427 |
| 62 | ₦62,434 |
| 63 | ₦63,441 |
| 64 | ₦64,448 |
| 65 | ₦65,455 |
| 66 | ₦66,462 |
| 67 | ₦67,469 |
| 68 | ₦68,476 |
| 69 | ₦69,483 |
| 70 | ₦70,490 |
| 71 | ₦71,497 |
| 72 | ₦72,504 |
| 73 | ₦73,511 |
| 74 | ₦74,518 |
| 75 | ₦75,525 |
| 76 | ₦76,532 |
| 77 | ₦77,539 |
| 78 | ₦78,546 |
| 79 | ₦79,553 |
| 80 | ₦80,560 |
| 81 | ₦81,567 |
| 82 | ₦82,574 |
| 83 | ₦83,581 |
| 84 | ₦84,588 |
| 85 | ₦85,595 |
| 86 | ₦86,602 |
| 87 | ₦87,609 |
| 88 | ₦88,616 |
| 89 | ₦89,623 |
| 90 | ₦90,630 |
| 91 | ₦91,637 |
| 92 | ₦92,644 |
| 93 | ₦93,651 |
| 94 | ₦94,658 |
| 95 | ₦95,665 |
| 96 | ₦96,672 |
| 97 | ₦97,679 |
| 98 | ₦98,686 |
| 99 | ₦99,693 |
| 100 | ₦100,700 |
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:
- The black market (Abokifx) exchange rate for CAD/NGN is ₦1,007 to buy, ₦999 to sell.
- If you just got admission to a Canadian university or are expecting funds from a relative, timing your exchanges based on the rate can save you money.
- Rates fluctuate due to factors like geopolitical events and market sentiment. But don’t worry—our system automatically updates calculations, rates, and trend analysis for you.
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)
- How much is 1 Canadian Dollar to Naira? Now, it’s about ₦1,007 per 1 CAD.
- How much is 1,000 Canadian Dollar to Naira? Enter 1,000 in our calculator for an instant answer!
- How much is 2,000 Canadian Dollar in Naira? Enter 2,000 in the calculator above.
- How much is 400 Canadian Dollar in Naira? Try 400 in our live calculator.
- How much is 50 Canadian Dollar in Naira? Get the result instantly on this page.
- How much is 20 Canadian Dollar in Naira? Convert 20 CAD to NGN above!
- How much is 100 Canadian Dollar in Naira? Find out in seconds using the calculator above.
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Frequently asked questions
How much is 1 CAD to Naira today?
As of today, 1 Canadian Dollar (CAD) sells for ₦1,007 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 ₦1,007 — a spread of ₦17.
How much is 100 CAD to Naira in the black market?
100 CAD at today's black market sell rate is ₦100,700. 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