Canadian Dollar to Naira Black Market Today | CAD to NG
Canadian Dollar to Naira Black Market Today | CAD to NG: Are you planning to pay your BTA, PTA, and Medicals, or buy goods from outside the shore of Nigeria? Or do you want to perform online transactions using the CAD? If your answers are a resounding yes, it is important to understand the current exchange rate.
As we all know, the NGN has been floated, and the forces of demand and supply are now the major determinants of the CAD, so, this page will give you the current black market rate of the CAD to NGN today
This article will use the Aboki fx to tell you the current CAD to NGN today, we will also tell you the CBN rate, or the Nigeria Autonomous Foreign Exchange Market NAFEM, the Import and Export window rate
Why are we using the Aboki fx for the black market rate, this is because, it is the most trusted and reliable black market exchange rate used by millions of Nigerians, both at home and abroad, making it the most reliable platform to check your exchange rate
Canadian Dollar to Naira Today Black Market
If you have fx at your disposal and want to trade with it, this is your best exchange rate platform to use, this page will share real-time performance of the black (parallel) market rate regarding the metrics below;
Canadian Dollar to Naira today parallel market
Canadian Dollar to Naira bank rate today
Canadian Dollar to Naira Today Exchange Rate
Canadian Dollar to Naira Aboki FX
Canadian Dollar to Naira today
Canadian Dollar to Naira black market today
see <strong>Dollar to Naira Today Black Market Rate | USD to NGN</strong>
>Euro to Naira Today Black Market | Euro to NGN Exchange Rate
>Pounds to Naira Today Black Market | GBP to NGN
Performance of the Naira from 2014
The naira has steadily depreciated against major currencies over the years, this is due to many factors including import without corresponding export, over-dependence of oil revenues, huge capital flight via PTA, BTA, medical tourism, remittance of companies to their host counties, hoarding other major currencies, etc
From 2014 to 2023, the naira has been performing poorly against the British pound sterling, CAD, the US dollar, Euros, and others. The Nigerian naira fluctuates constantly
As we speak, the NGN is trending downward and remains relatively low when looking at the exchange rates for today’s date.
Canadian Dollar to Naira Today Black Market | CAD to NGN
This page will give you in real-time, the Black Market Exchange Rate of the CAD to NGN today, and will be updated daily to meet
Selling Rate 920
Buying Rate 900
The abokiFX pictures above give us the true reflections of the exchange rate, the Naira trades at N900 per 1 CAD at the parallel market
However, the Nigeria Apex Bank does not recognize the black market (parallel market)
Canadian Dollar to Naira CBN Exchange Rate
As of today, the exchange rate of pounds to naira black market is different from the CBN exchange rate and other commercial banks. We will keep you updated in real-time as the rates change