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Home >> Others >> Canadian Dollar To Naira Exchange Rate (1 CAD to NGN): Black Market

Canadian Dollar To Naira Exchange Rate (1 CAD to NGN): Black Market

Canadian dollar to naira exchange rate today December 2016, 1CAD to Ngn (Black & Parallel Market), Canada dollar which is somehow low when compared to US dollars has risen graciously against Ngn Naira.

This article is a quick overview of the Canadian (CAD) Dollar To NAIRA (NGN) Exchange Rate Today, We promise to keep this post updated daily as Nigeria Currency is now in love with fluctuation at the market.

Read: All Nigerian Bank Exchange Rates Today (Dollar, Euro & Pounds)

Canadian Dollar To Naira Exchange Rate Today December 2016: 1 Cad to Ngn. (Black Market)

canadian dollar to naira exchange rate

The black market rate is the amount you will be charged when ever you make any transaction with your naira MasterCard.

Skye Bank Exchange Rate Today: 1 CAD Canadian Dollar To NGN Naira: N262

Standard Chatered Bank Exchange Rate Today: 1 CAD Canadian Dollar To NGN Naira: N250

GTBank Bank Exchange Rate Today: 1 CAD Canadian Dollar To NGN Naira: N245

First Bank Exchange Rate Today: 1 CAD Canadian Dollar To NGN Naira: N247

ECO Bank Exchange Rate Today: 1 CAD Canadian Dollar To NGN Naira: N250+

MUST READ: Dollar To Naira Exchange Rate Today Black Market Rate

Canadian Dollar To Naira Exchange Rate Today December 2016: 1 Cad to Ngn. (Parallel Market)

The parallel market rate is the amount you will be given when ever you decide to sell your Canadian Dollar

Currently The Parallel Market Rate Is N235, You will be given this amount whenever you change 1CAD to Naira.

Not only Canadian dollar rises surprisingly against naira, US Dollars, European EUROs and Great Britain Pounds also cease to rise abundantly against naira, What causes this is that we import more products inside the country more than we export.

Nigeria Golden source of Income is Petroleum and we focused mostly on this, Now that Petroleum price has fallen in the world market, It affects our Naira

If at all we can leverage exporting more selling products out of the country other than petroleum then Nigeria can have peace of mind about the massive inflation of Foreign Exchanges.

Let’s quickly review How Canadian Dollars Has Been in Exchange For Naira from March 2016.

Canadian Dollar To Naira Exchange Rate History (Parallel Market)

MONTH                                                                                     1 CAD – NGN

March.                                                                                   153.33696 NGN

April.                                                                                     158.59776 NGN

May.                                                                                      151.95197 NGN

June.                                                                                      217.96863 NGN

July.                                                                                       241.83414 NGN

August.                                                                                  240.41164 NGN

September.                                                                            238.64540 NGN

 

That’ is it about Canadian Dollar To Naira Exchange Rate Today (1 CAD to NGN) December 2016, If the rate you were charged when purchasing a dollar is different from above kindly make this known to others via comment box.

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