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Canadian Dollar to Naira Today: CAD Trades at ₦1,030–₦1,040 on December 1, 2025

Get the latest Canadian Dollar to Naira exchange rate for December 1, 2025. CAD trades at ₦1,028–₦1,037 (mid-market) and around ₦1,035–₦1,043 in the parallel market. Learn what’s driving the rate difference.

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The Canadian dollar exchanged at approximately ₦1,030 to ₦1,040 against the Nigerian naira on Monday, December 1, based on the latest online mid-market and black-market indicators.

Data from public currency-conversion platforms show that 1 Canadian dollar (CAD) currently trades at ₦1,028–₦1,037 using the mid-market rate.

In Nigeria’s parallel foreign exchange market, recent pricing places the Canadian dollar at around ₦1,035 for buying and ₦1,043 for selling, though these figures differ slightly across bureaux de change and fluctuate over time.

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Analysts note that the gap between mid-market and parallel-market CAD/NGN rates is driven by limited access to official CAD supply in Nigeria. As a result, many small importers, travellers and remittance beneficiaries depend on parallel market sources for pricing.

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