The Nigerian Naira is the currency of Nigeria.

[22], The naira was scheduled for redenomination in August 2008, although this was cancelled by then-President Umaru Musa Yar'Adua,[24] with 100 old naira to become 1 new naira.

Below, you'll find Nigerian Naira rates and a currency converter. [20][21], In 2019, the naira attained a landmark when for the first time, it featured the signature of a woman.

The currency sign is .mw-parser-output .monospaced{font-family:monospace,monospace}U+20A6 ₦ .mw-parser-output span.smallcaps{font-variant:small-caps}.mw-parser-output span.smallcaps-smaller{font-size:85%}NAIRA SIGN. Keep in mind that many names may have different meanings in other countries and languages, so be careful that the name that you choose doesn’t mean something bad or unpleasant. Your email address will not be published. This also made Nigeria the last former British colony to abandon the £sd currency system in favour of the decimal currency system.

Searching for a name is a very important and fun process as it’s the very first gift you will give to your baby.

[17][18][19], On November 12, 2014, the Central Bank of Nigeria issued a 100 naira commemorative note to celebrate the centennial of Nigeria's existence. Detailed information about the coin 20 Naira, Nigeria, with pictures and collection and swap management : mintage, descriptions, metal, weight, size, value and other numismatic data The history and meaning of the name Nara is fascinating, learn more about it.

Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates. We have plenty of different baby name categories to search for special meanings plus popular and unique names, search our database before choosing but also note that baby name categories designed to help you and not to be an influential factor when choosing a name. The ½ kobo coins were minted only that year. (If you would like to suggest one or more categories for the name, click here). There was a government plan to redenominate the naira at 1 new naira = 100 old naira in 2008, but the plan was suspended. In 1991, smaller 1, 10 and 25 kobo coins were issued in copper-plated-steel, along with nickel-plated-steel 50 kobo and 1 naira.

[27], Currency of the Federal Republic of Nigeria, Nigerian Security Printing and Minting Company Limited, agricultural commodity and livestock farming, "Central Bank of Nigeria:: History of The Currency", "Nigeria leaves key rate at 12 pct as expected", "Nigeria: New Currency - Two Per Cent of Withdrawals to Be in Coins - CBN", "Welcome to the New Central Bank of Nigeria Website", "Central Bank of Nigeria Website - Currency - 25 Kobo", "CBN warns against fixing prices in foreign currency *To launch new notes Feb 2007", CBN To Introduce N5000, N2000 Notes; N50, N20, N10 Coins, CBN Clarifies Decision to Abandon Polymer Banknotes, Plan to Phase-out Polymer Banknotes Stirs New Controversy, "New ₦100 Commemorative Centenary Celebration", Nigeria new 100-naira commemorative confirmed, http://allure.vanguardngr.com/2019/04/10-quick-facts-about-priscilla-ekwere-eleje/, https://www.independent.ng/the-inevitable-choice-between-n10000-note-and-redenomination/, "Dollar to naira Parallel Market Rate:: 1USD to Naira", Interview with Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria, Saint Helena, Ascension and Tristan da Cunha, https://en.wikipedia.org/w/index.php?title=Nigerian_naira&oldid=986100772, Currencies of the Commonwealth of Nations, Articles with dead external links from November 2016, Articles with permanently dead external links, Articles with dead external links from October 2010, Creative Commons Attribution-ShareAlike License, ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000, This page was last edited on 29 October 2020, at 20:02.