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Convert 1046 Nigerian Naira (NGN) to Canadian Dollar (CAD)

Exchange rates used for currency conversion updated on May 25th 2024 ( 05/25/2024 )

Below you will find the latest exchange rates for exchanging Nigerian Naira (NGN) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution. The Nigerian Naira (NGN) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Canadian Dollar (CAD) to Nigerian Naira (NGN) page.

1046 NGN = 0.9414 CAD

The currency exchange rate, calculated between Nigerian Naira and Canadian Dollar on 05/25/2024 is 1 NGN = 0.0009 CAD - AVERAGE intraday quotes were used for this currency conversion.

Convert 1046 NGN / 1046 CAD to major currencies

NGN to CAD Exchange Rate History Chart

Last 7 days History

Date NGN CAD
2024-05-24 1046 NGN = 1127968.23199 CAD
2024-05-23 1046 NGN = 1107701.81728 CAD
2024-05-22 1046 NGN = 1101391.24832 CAD
2024-05-21 1046 NGN = 1176033.41184 CAD
2024-05-20 1046 NGN = 1155238.62693 CAD
2024-05-19 1046 NGN = 1129564.73829 CAD
2024-05-18 1046 NGN = 1129232.91595 CAD
One year History

About Nigerian Naira (NGN)

Nigeria is a country in Africa that borders the Gulf of Guinea on the Atlantic Ocean. The naira is the official currency of the country and is divided into 100 kobo. Denominations of the naira include N5, N10, N20, N50, N100, N200 and N500. Most banks do not offer currency exchange so visitors must find moneychangers in order to convert foreign currency into naira.

About Canadian Dollar (CAD)

The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.

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