Nigeria Money Currency

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Until 1958, Nigeria used the west african pound (equal to the UK pound) as a legal tender. In 1958, this currency was substituted by the nigerian pound.
Units for both West African and Nigerian monetary system then are:
12 pence = 1 Shilling
20 Shillings = 1 pound

In 1973 the naira was introduced at 2 naira = 1 nigerian pound rate. 1 naira = 100 kobo.

For more information about new currencies and the history of Nigerian monetary system, please visit Central Bank of Nigeria website.

 

SERIE 1958
5 shillings (1958)
10 shillings (1958)
1 pound (1958)
5 pounds (1958)
SERIE 1967
5 shillings (1967)
10 shillings (1967)
1 pound (1967)
5 pounds (1967)
SERIE 1968
5 shillings (1968)
10 shillings (1968)
1 pound (1968)
5 pounds (1968)
SERIE 1973-1978
50 kobo (1973-78)
1 naira (1973-78)
5 naira (1973-78)
10 naira (1973-78)
20 naira (1977-84)
SERIE 1979-1984
1 naira (1979-84)
5 naira (1979-84)
10 naira (1979-84)
SERIE 1984-1991
1 naira (1984-)
5 naira (1984-)
10 naira (1984-)
20 naira (1984-)
50 naira (1984-)
SERIE 1991-1999
50 naira (1991)
SERIE 1999-
5 naira (2002)
50 naira (2001)
100 naira (1999)
200 naira (2000)
500 naira (2001)


  

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This page was last updated on 10/27/07.