Live CAD To NGN Rate

Canadian Dollar to Nigerian Naira rate is live on this page. CAD to NGN and its inverted exchange rate NGN to CAD are updated during market working hours.

LIVE EXCHANGE RATES

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Live USD To CAD Rate.

Live USD To NGN Rate.

Some amounts at the snapped CAD to NGN exchange rate:

As of June 1, 2023 4:15 pm London Time.

1 CAD = 340.58 NGN
2 CAD = 681.16 NGN. 3 CAD = 1,021.75 NGN. 4 CAD = 1,362.33 NGN. 5 CAD = 1,702.91 NGN. 6 CAD = 2,043.49 NGN. 7 CAD = 2,384.08 NGN. 8 CAD = 2,724.66 NGN. 9 CAD = 3,065.24 NGN.

10 CAD = 3,405.82 NGN
11 CAD = 3,746.41 NGN. 12 CAD = 4,086.99 NGN. 13 CAD = 4,427.57 NGN. 14 CAD = 4,768.15 NGN. 15 CAD = 5,108.74 NGN. 16 CAD = 5,449.32 NGN. 17 CAD = 5,789.90 NGN. 18 CAD = 6,130.48 NGN. 19 CAD = 6,471.07 NGN.

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20 CAD = 6,811.65 NGN
21 CAD = 7,152.23 NGN. 22 CAD = 7,492.81 NGN. 23 CAD = 7,833.40 NGN. 24 CAD = 8,173.98 NGN. 25 CAD = 8,514.56 NGN. 26 CAD = 8,855.14 NGN. 27 CAD = 9,195.73 NGN. 28 CAD = 9,536.31 NGN. 29 CAD = 9,876.89 NGN.

30 CAD = 10,217.47 NGN
31 CAD = 10,558.06 NGN. 32 CAD = 10,898.64 NGN. 33 CAD = 11,239.22 NGN. 34 CAD = 11,579.80 NGN. 35 CAD = 11,920.39 NGN. 36 CAD = 12,260.97 NGN. 37 CAD = 12,601.55 NGN. 38 CAD = 12,942.13 NGN. 39 CAD = 13,282.72 NGN.

40 CAD = 13,623.30 NGN
41 CAD = 13,963.88 NGN. 42 CAD = 14,304.46 NGN. 43 CAD = 14,645.05 NGN. 44 CAD = 14,985.63 NGN. 45 CAD = 15,326.21 NGN. 46 CAD = 15,666.79 NGN. 47 CAD = 16,007.38 NGN. 48 CAD = 16,347.96 NGN. 49 CAD = 16,688.54 NGN.

50 CAD = 17,029.12 NGN
51 CAD = 17,369.71 NGN. 52 CAD = 17,710.29 NGN. 53 CAD = 18,050.87 NGN. 54 CAD = 18,391.45 NGN. 55 CAD = 18,732.04 NGN. 56 CAD = 19,072.62 NGN. 57 CAD = 19,413.20 NGN. 58 CAD = 19,753.78 NGN. 59 CAD = 20,094.37 NGN.

60 CAD = 20,434.95 NGN
61 CAD = 20,775.53 NGN. 62 CAD = 21,116.11 NGN. 63 CAD = 21,456.70 NGN. 64 CAD = 21,797.28 NGN. 65 CAD = 22,137.86 NGN. 66 CAD = 22,478.44 NGN. 67 CAD = 22,819.03 NGN. 68 CAD = 23,159.61 NGN. 69 CAD = 23,500.19 NGN.

70 CAD = 23,840.77 NGN
71 CAD = 24,181.36 NGN. 72 CAD = 24,521.94 NGN. 73 CAD = 24,862.52 NGN. 74 CAD = 25,203.10 NGN. 75 CAD = 25,543.69 NGN. 76 CAD = 25,884.27 NGN. 77 CAD = 26,224.85 NGN. 78 CAD = 26,565.43 NGN. 79 CAD = 26,906.02 NGN.

80 CAD = 27,246.60 NGN
81 CAD = 27,587.18 NGN. 82 CAD = 27,927.76 NGN. 83 CAD = 28,268.35 NGN. 84 CAD = 28,608.93 NGN. 85 CAD = 28,949.51 NGN. 86 CAD = 29,290.09 NGN. 87 CAD = 29,630.68 NGN. 88 CAD = 29,971.26 NGN. 89 CAD = 30,311.84 NGN.

90 CAD = 30,652.42 NGN
91 CAD = 30,993.01 NGN. 92 CAD = 31,333.59 NGN. 93 CAD = 31,674.17 NGN. 94 CAD = 32,014.75 NGN. 95 CAD = 32,355.34 NGN. 96 CAD = 32,695.92 NGN. 97 CAD = 33,036.50 NGN. 98 CAD = 33,377.08 NGN. 99 CAD = 33,717.67 NGN.

100 CAD = 34,058.25 NGN
110 CAD = 37,464.07 NGN. 120 CAD = 40,869.90 NGN. 130 CAD = 44,275.72 NGN. 140 CAD = 47,681.55 NGN. 150 CAD = 51,087.37 NGN. 160 CAD = 54,493.20 NGN. 170 CAD = 57,899.02 NGN. 180 CAD = 61,304.85 NGN. 190 CAD = 64,710.67 NGN.

200 CAD = 68,116.50 NGN
210 CAD = 71,522.32 NGN. 220 CAD = 74,928.15 NGN. 230 CAD = 78,333.97 NGN. 240 CAD = 81,739.80 NGN. 250 CAD = 85,145.62 NGN. 260 CAD = 88,551.45 NGN. 270 CAD = 91,957.27 NGN. 280 CAD = 95,363.10 NGN. 290 CAD = 98,768.92 NGN.

300 CAD = 102,174.75 NGN
310 CAD = 105,580.57 NGN. 320 CAD = 108,986.40 NGN. 330 CAD = 112,392.22 NGN. 340 CAD = 115,798.05 NGN. 350 CAD = 119,203.87 NGN. 360 CAD = 122,609.70 NGN. 370 CAD = 126,015.52 NGN. 380 CAD = 129,421.35 NGN. 390 CAD = 132,827.17 NGN.

400 CAD = 136,233.00 NGN
410 CAD = 139,638.82 NGN. 420 CAD = 143,044.65 NGN. 430 CAD = 146,450.47 NGN. 440 CAD = 149,856.30 NGN. 450 CAD = 153,262.12 NGN. 460 CAD = 156,667.95 NGN. 470 CAD = 160,073.77 NGN. 480 CAD = 163,479.60 NGN. 490 CAD = 166,885.42 NGN.

500 CAD = 170,291.25 NGN
510 CAD = 173,697.07 NGN. 520 CAD = 177,102.90 NGN. 530 CAD = 180,508.72 NGN. 540 CAD = 183,914.55 NGN. 550 CAD = 187,320.37 NGN. 560 CAD = 190,726.20 NGN. 570 CAD = 194,132.02 NGN. 580 CAD = 197,537.85 NGN. 590 CAD = 200,943.67 NGN.

600 CAD = 204,349.50 NGN
610 CAD = 207,755.32 NGN. 620 CAD = 211,161.15 NGN. 630 CAD = 214,566.97 NGN. 640 CAD = 217,972.80 NGN. 650 CAD = 221,378.62 NGN. 660 CAD = 224,784.45 NGN. 670 CAD = 228,190.27 NGN. 680 CAD = 231,596.10 NGN. 690 CAD = 235,001.92 NGN.

700 CAD = 238,407.75 NGN
710 CAD = 241,813.57 NGN. 720 CAD = 245,219.40 NGN. 730 CAD = 248,625.22 NGN. 740 CAD = 252,031.05 NGN. 750 CAD = 255,436.87 NGN. 760 CAD = 258,842.70 NGN. 770 CAD = 262,248.52 NGN. 780 CAD = 265,654.35 NGN. 790 CAD = 269,060.17 NGN.

800 CAD = 272,466.00 NGN
810 CAD = 275,871.82 NGN. 820 CAD = 279,277.65 NGN. 830 CAD = 282,683.47 NGN. 840 CAD = 286,089.30 NGN. 850 CAD = 289,495.12 NGN. 860 CAD = 292,900.95 NGN. 870 CAD = 296,306.77 NGN. 880 CAD = 299,712.60 NGN. 890 CAD = 303,118.42 NGN.

900 CAD = 306,524.25 NGN
910 CAD = 309,930.07 NGN. 920 CAD = 313,335.90 NGN. 930 CAD = 316,741.72 NGN. 940 CAD = 320,147.55 NGN. 950 CAD = 323,553.37 NGN. 960 CAD = 326,959.20 NGN. 970 CAD = 330,365.02 NGN. 980 CAD = 333,770.85 NGN. 990 CAD = 337,176.67 NGN.

1000 CAD = 340,582.50 NGN
1100 CAD = 374,640.75 NGN. 1200 CAD = 408,698.99 NGN. 1300 CAD = 442,757.24 NGN. 1400 CAD = 476,815.49 NGN. 1500 CAD = 510,873.74 NGN. 1600 CAD = 544,931.99 NGN. 1700 CAD = 578,990.24 NGN. 1800 CAD = 613,048.49 NGN. 1900 CAD = 647,106.74 NGN.

2000 CAD = 681,164.99 NGN
2100 CAD = 715,223.24 NGN. 2200 CAD = 749,281.49 NGN. 2300 CAD = 783,339.74 NGN. 2400 CAD = 817,397.99 NGN. 2500 CAD = 851,456.24 NGN. 2600 CAD = 885,514.49 NGN. 2700 CAD = 919,572.74 NGN. 2800 CAD = 953,630.99 NGN. 2900 CAD = 987,689.24 NGN.

3000 CAD = 1,021,747.49 NGN
3100 CAD = 1,055,805.74 NGN. 3200 CAD = 1,089,863.99 NGN. 3300 CAD = 1,123,922.24 NGN. 3400 CAD = 1,157,980.48 NGN. 3500 CAD = 1,192,038.73 NGN. 3600 CAD = 1,226,096.98 NGN. 3700 CAD = 1,260,155.23 NGN. 3800 CAD = 1,294,213.48 NGN. 3900 CAD = 1,328,271.73 NGN.

4000 CAD = 1,362,329.98 NGN
4100 CAD = 1,396,388.23 NGN. 4200 CAD = 1,430,446.48 NGN. 4300 CAD = 1,464,504.73 NGN. 4400 CAD = 1,498,562.98 NGN. 4500 CAD = 1,532,621.23 NGN. 4600 CAD = 1,566,679.48 NGN. 4700 CAD = 1,600,737.73 NGN. 4800 CAD = 1,634,795.98 NGN. 4900 CAD = 1,668,854.23 NGN.

5000 CAD = 1,702,912.48 NGN
5100 CAD = 1,736,970.73 NGN. 5200 CAD = 1,771,028.98 NGN. 5300 CAD = 1,805,087.23 NGN. 5400 CAD = 1,839,145.48 NGN. 5500 CAD = 1,873,203.73 NGN. 5600 CAD = 1,907,261.98 NGN. 5700 CAD = 1,941,320.22 NGN. 5800 CAD = 1,975,378.47 NGN. 5900 CAD = 2,009,436.72 NGN.

6000 CAD = 2,043,494.97 NGN
6100 CAD = 2,077,553.22 NGN. 6200 CAD = 2,111,611.47 NGN. 6300 CAD = 2,145,669.72 NGN. 6400 CAD = 2,179,727.97 NGN. 6500 CAD = 2,213,786.22 NGN. 6600 CAD = 2,247,844.47 NGN. 6700 CAD = 2,281,902.72 NGN. 6800 CAD = 2,315,960.97 NGN. 6900 CAD = 2,350,019.22 NGN.

7000 CAD = 2,384,077.47 NGN
7100 CAD = 2,418,135.72 NGN. 7200 CAD = 2,452,193.97 NGN. 7300 CAD = 2,486,252.22 NGN. 7400 CAD = 2,520,310.47 NGN. 7500 CAD = 2,554,368.72 NGN. 7600 CAD = 2,588,426.97 NGN. 7700 CAD = 2,622,485.22 NGN. 7800 CAD = 2,656,543.47 NGN. 7900 CAD = 2,690,601.71 NGN.

8000 CAD = 2,724,659.96 NGN
8100 CAD = 2,758,718.21 NGN. 8200 CAD = 2,792,776.46 NGN. 8300 CAD = 2,826,834.71 NGN. 8400 CAD = 2,860,892.96 NGN. 8500 CAD = 2,894,951.21 NGN. 8600 CAD = 2,929,009.46 NGN. 8700 CAD = 2,963,067.71 NGN. 8800 CAD = 2,997,125.96 NGN. 8900 CAD = 3,031,184.21 NGN.

9000 CAD = 3,065,242.46 NGN
9100 CAD = 3,099,300.71 NGN. 9200 CAD = 3,133,358.96 NGN. 9300 CAD = 3,167,417.21 NGN. 9400 CAD = 3,201,475.46 NGN. 9500 CAD = 3,235,533.71 NGN. 9600 CAD = 3,269,591.96 NGN. 9700 CAD = 3,303,650.21 NGN. 9800 CAD = 3,337,708.46 NGN. 9900 CAD = 3,371,766.71 NGN.

10000 CAD = 3,405,824.96 NGN
10100 CAD = 3,439,883.21 NGN. 10200 CAD = 3,473,941.45 NGN. 10300 CAD = 3,507,999.70 NGN. 10400 CAD = 3,542,057.95 NGN. 10500 CAD = 3,576,116.20 NGN. 10600 CAD = 3,610,174.45 NGN. 10700 CAD = 3,644,232.70 NGN. 10800 CAD = 3,678,290.95 NGN. 10900 CAD = 3,712,349.20 NGN.

11000 CAD = 3,746,407.45 NGN
11100 CAD = 3,780,465.70 NGN. 11200 CAD = 3,814,523.95 NGN. 11300 CAD = 3,848,582.20 NGN. 11400 CAD = 3,882,640.45 NGN. 11500 CAD = 3,916,698.70 NGN. 11600 CAD = 3,950,756.95 NGN. 11700 CAD = 3,984,815.20 NGN. 11800 CAD = 4,018,873.45 NGN. 11900 CAD = 4,052,931.70 NGN.

12000 CAD = 4,086,989.95 NGN
12100 CAD = 4,121,048.20 NGN. 12200 CAD = 4,155,106.45 NGN. 12300 CAD = 4,189,164.70 NGN. 12400 CAD = 4,223,222.95 NGN. 12500 CAD = 4,257,281.19 NGN. 12600 CAD = 4,291,339.44 NGN. 12700 CAD = 4,325,397.69 NGN. 12800 CAD = 4,359,455.94 NGN. 12900 CAD = 4,393,514.19 NGN.

13000 CAD = 4,427,572.44 NGN
13100 CAD = 4,461,630.69 NGN. 13200 CAD = 4,495,688.94 NGN. 13300 CAD = 4,529,747.19 NGN. 13400 CAD = 4,563,805.44 NGN. 13500 CAD = 4,597,863.69 NGN. 13600 CAD = 4,631,921.94 NGN. 13700 CAD = 4,665,980.19 NGN. 13800 CAD = 4,700,038.44 NGN. 13900 CAD = 4,734,096.69 NGN.

14000 CAD = 4,768,154.94 NGN
14100 CAD = 4,802,213.19 NGN. 14200 CAD = 4,836,271.44 NGN. 14300 CAD = 4,870,329.69 NGN. 14400 CAD = 4,904,387.94 NGN. 14500 CAD = 4,938,446.19 NGN. 14600 CAD = 4,972,504.44 NGN. 14700 CAD = 5,006,562.68 NGN. 14800 CAD = 5,040,620.93 NGN. 14900 CAD = 5,074,679.18 NGN.

15000 CAD = 5,108,737.43 NGN

Why are exchange rates changing?

Currency graphs have been hyperactive with high jumps and low dips lately. This fluctuation is normal and is governed by supply and demand. Currency exchange involves the buying and selling of the world's monies vis-à-vis any other commodity. If the need for a particular country's currency is high, the high demand leads to a higher forex rate, and vice versa.

But the demand and supply of the world's currencies are influenced by many other factors.

Just like the demand and supply of oil is influenced by the number of vehicles on the road or the technological efficiency in the production of that oil, money has similar determinants. They range from monetary policies to politics and other factors that affect the economy.

Changing inflation rates

Inflation rates are direct indicators of the purchasing power of a country's currency. If the inflation rate is high in your country, you might need more money to buy a cup of coffee now than you did last year. If it is low, the same cup of coffee will cost surprisingly lower.

High inflation rates indicate a weakening economy, while low inflation rates denote a strengthening economy. Currency values rise when the inflation rate is lower, and the economy is stronger. They fall when inflation rises.

Different political climates

Economy and politics are tied at the hip. Bad political temperatures can lead to the weakening of a country's currency and cause it to trade for less in the forex market. That is why you find that 1 USD can be worth thousands in countries with unstable politics from Venezuela to Zimbabwe. When politics is bad, it destroys the business environment and productivity, leading to a weaker economy.

Politically sound countries, on the other hand, have an encouraging environment for investors and innovators. Their economy gets stronger, and the demand for their currencies increases. However, even politically stable countries can have rapid changes in exchange rates when nearing an election.

Changes in interest rates

Higher interest rate is another investor magnet. Let's say country A has a higher interest rate than country B. Lenders get high rates and investors are guaranteed a higher return on their investments in country A. This country will, therefore, attract more business from the outside and entrepreneurship from the inside than country B which has lower interest’s rates. The economy of country A will outperform that of country B, and it will see its currency value appreciate significantly.

Exports and imports

International trade affects the balance of trade between country A and B. It shows interest, dividend, and earnings made from the exchange of goods between those two countries. Country A would have a deficit of its buying more of country B's products.

This country would spend more currency than it receives from trading with country B. The excess demand for country B's currency drives up its value because it starts to become scarce. On the other hand, country A's currency value will start to decline because the world is oversupplied with it.

Domestic and international debt

Countries that operate on a deficit budget spend more than they make (collect in taxes). These countries often turn to internal or international borrowing to fill the gap in their finances and stimulate the economy.

However, that can lead to a massive public debt that discourages foreign investors and domestic entrepreneurs because large public debt drives up inflation and minimize returns on investment. The economy of such a country takes on a downturn. That eventuality leads to a weaker currency and a lower exchange rate.

Health risks, epidemics, and public fear

Much of the whipsawing currently happening in the Forex market is linked to the coronavirus. Health disasters like these wreak havoc to a country's economy and make it impossible to work. A lot of resources are directed towards the health issue, while other areas of the economy suffer.

Productivity is hugely impacted.

When it comes to ailments like influenza, malaria, and HIV AIDs, developed countries, have created better response strategies and lowered their infection rates. These countries boast of better economies as a result, and higher exchange rates in the Forex market.

But for a new epidemic that is affecting all parts of the world equally, exchange rates are dropping and rising based on individual country's response measures, death tolls, and progress in developing a cure vaccine.

The takeaway

Countless factors affect the demand and supply of a country's currency and in turn, the exchange rate. It all boils down to economic productivity and stability. Countries with stronger or strengthening economies will have a higher exchange rate (you will buy more foreign currency with their money) compared to countries with weaker or weakening economies.