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Convert 500000 Nigerian Naira (NGN) to Canadian Dollar (CAD)

Exchange rates used for currency conversion updated on November 14th 2024 ( 11/14/2024 )

Below you will find the latest exchange rates for exchanging Nigerian Naira (NGN) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution. The Nigerian Naira (NGN) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Canadian Dollar (CAD) to Nigerian Naira (NGN) page.

500000 NGN = 400 CAD

The currency exchange rate, calculated between Nigerian Naira and Canadian Dollar on 11/14/2024 is 1 NGN = 0.0008 CAD - AVERAGE intraday quotes were used for this currency conversion.

Convert 500000 NGN / 500000 CAD to major currencies

NGN to CAD Exchange Rate History Chart

Last 7 days History

Date NGN CAD
2024-11-14 500000 NGN = 601054757.47001 CAD
2024-11-13 500000 NGN = 600586777.09635 CAD
2024-11-12 500000 NGN = 600683999.42702 CAD
2024-11-11 500000 NGN = 603169191.01285 CAD
2024-11-10 500000 NGN = 598659182.58947 CAD
2024-11-09 500000 NGN = 598659182.58947 CAD
2024-11-08 500000 NGN = 605237015.4411 CAD
One year History

About Nigerian Naira (NGN)

Nigeria is a country in Africa that borders the Gulf of Guinea on the Atlantic Ocean. The naira is the official currency of the country and is divided into 100 kobo. Denominations of the naira include N5, N10, N20, N50, N100, N200 and N500. Most banks do not offer currency exchange so visitors must find moneychangers in order to convert foreign currency into naira.

About Canadian Dollar (CAD)

The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.

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