Compare today's NGN to CAD (Nigerian Naira to Canadian Dollar) exchange rates
📈 Nigeria to Canada Money Transfer Snapshot Today
- Number of money transfer providers compared: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real NGN to CAD exchange rate before providers add their margin or fees. exchange rate: 1 NGN = CAD 0.0010 (Updated about an hour ago)
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💡What today's NGN-CAD exchange rates mean for you
Compare today's NGN-CAD exchange rates and send money from Nigeria to Canada after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
NGN-CAD exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final CAD payout that your recipient gets in Canada.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Nigeria to Canada remittances.
🔄 Looking for the reverse corridor? Send money from Canada to Nigeria instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Nigeria.
Latest NGN to CAD Conversion Rates
Here are some latest NGN to CAD (Nigerian Naira to Canadian Dollar) exchange rates for popular conversion amounts*.
| 1 NGN | 0.00 CAD |
| 5 NGN | 0.01 CAD |
| 10 NGN | 0.01 CAD |
| 25 NGN | 0.03 CAD |
| 50 NGN | 0.05 CAD |
| 100 NGN | 0.10 CAD |
| 150 NGN | 0.15 CAD |
| 200 NGN | 0.20 CAD |
| 250 NGN | 0.25 CAD |
| 300 NGN | 0.30 CAD |
| 400 NGN | 0.40 CAD |
| 500 NGN | 0.50 CAD |
| 600 NGN | 0.60 CAD |
| 700 NGN | 0.70 CAD |
| 800 NGN | 0.80 CAD |
| 1000 NGN | 1.00 CAD |
| 1500 NGN | 1.50 CAD |
| 2000 NGN | 2.00 CAD |
| 2500 NGN | 2.50 CAD |
| 3000 NGN | 3.00 CAD |
| 4000 NGN | 4.00 CAD |
| 5000 NGN | 5.00 CAD |
| 10000 NGN | 10.00 CAD |
| 15000 NGN | 15.00 CAD |
| 20000 NGN | 20.00 CAD |
| 30000 NGN | 30.00 CAD |
| 40000 NGN | 40.00 CAD |
| 50000 NGN | 50.00 CAD |
| 100000 NGN | 100.00 CAD |
*Based on the Mid-market Exchange Rate
What's the best way to send money from Nigeria to Canada?
It can be very confusing when sending money from Nigeria to Canada given so many choices. Additionally, Nigerian Naira to CAD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.Choose Nigeria to Canada as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Canada from Nigeria. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.
To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Nigerian Naira to Canadian Dollar remittances.
How to get the best exchange rate for your money transfers from Nigeria to Canada?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Nigeria to Canada transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your NGN to Canadian Dollar international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Nigerian Naira to Canadian Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to send money from Nigeria to Canada?
One of the most important things to watch out for is hidden fees when sending money to Canada from Nigeria. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Canada using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Canadian Dollar foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NGN to Canada exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Canada from Nigeria.
Should I use my bank to transfer money from Nigeria to Canada?
Bank transfers have been a traditionally popular way to send money overseas from Nigeria to Canada. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the NGN to CAD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Nigeria bank for your Canada money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to transfer money from Nigeria to Canada?
It could be a stressful experience if you need to rush money quickly from Nigeria to Canada. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert NGN to CAD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Canadian Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Nigeria to Canada money transfers.
Which are the best money transfer companies to transfer money from Nigeria to Canada?
The first step in selecting the best money transfer operators for Nigeria to Canada remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Nigerian Naira to Canadian Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Canada.
Step by step guide to do a money transfer from Nigeria to Canada
The first step to send money to Canada from Nigeria is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.Once you have a provider chosen, follow these steps to execute your NGN to CAD overseas funds transfer.
- Click through to the provider's site and register an account.
- Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
- Add recipient information including their bank account in Canada if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Nigeria bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Canada!