Convert Ngn to cad

Conversion Formula

1 ngn = 0.00085 cad

Step-by-Step Explanation

1. Understand the base relationship:
   1 Nigerian Naira = 1600 EUR
   1 Canadian Dollar = 1.36 EUR
2. Establish the conversion factor:
   1 ngn = (1.36 EUR) / (1600 EUR) = 0.00085 cad
3. Apply the conversion:
   Multiply the value in ngn by 0.00085 to get the equivalent in cad

Example Conversion

Convert 5 ngn to cad:

5 ngn × 0.00085 = 0.00425 cad