Canadian Dollar (CAD) to Naira Black Market Rate Today – December 19, 2024 is 1624 Naira

Today, the Naira Black Market exchange rate for 1 Canadian Dollar is 1084 Naira. This means you can get 1084 Naira for every 1 Canadian Dollar you exchange. The Black Market exchange rate is typically higher than the official exchange rate because it is not regulated by the government.

What Factors Affect the Canadian Dollar to Naira Black Market Exchange Rate?

Several factors can influence the Canadian Dollar to Naira Black Market exchange rate, including:

• Supply and demand for the Canadian Dollar
• The political and economic situation in Canada and Nigeria
• The value of the US dollar

How to Find a Reputable Canadian Dollar Black Market Exchange Dealer

If you need to exchange Canadian Dollar for Naira, it is crucial to find a reputable dealer. You can find CAD to NGN Black Market dealers online or in person. However, be cautious when exchanging currency on the Black Market, as there is a risk of being scammed.

Tips for Exchanging Canadian Dollar for Naira on the Black Market

• Only exchange with reputable dealers.
• Ask for a written receipt for the exchange.
• Be aware of the current Canadian Dollar to Naira Black Market exchange rate before you exchange your currency.
• Do not exchange large amounts of Canadian Dollar at once.

Canadian Dollar (CAD) to Naira Exchange rate