Nigeria is a country that has been in existence for several years. Nigeria is the most populated country in Africa that has had several currencies over the years. In this article, will will be looking at photos of Nigeria's currencies from the past till date and the year they were introduced.
1 Trade by barter
The first on the list is trade by barter, trade by barter is a process whereby people exchange their goods to get another kind of goods. It was a means of payment/exchange that was first used by Nigerians.
The second method of payment/currency that was used by Nigerians in those days was cowries.
3 Nigerian shilling
Nigerian shilling was introduced in 1958 and is among the best currencies that Nigeria has introduced.
4 Nigerian pound
After the Nigerian shilling was introduced and was used as means of exchange, Nigerian pounds was the next one that was used. It was introduced in 1967.
5 Five shilling note
After the Nigerian pounds was used, five shilling was introduced in the year 1968.
6 One pound note
One pound note was introduced in 1968 same year the five shilling note was introduced.
The name of Nigerian currency was changed from shillings and pounds to Naira, which was gotten from the country's name "Nigeria" by Obafemi Awolowo.
7 The fifty Kobo note
The currency was introduced In 1973
8 One be Naira note
This Naira note was introduced by the central bank of Nigeria in the year 1973
9 Five Naira note
The next currency that was introduced is the five Naira note in the year 1973
10 Ten Naira note
It is among the popular currencies in Nigeria that was introduced in In 1979
11 Twenty Naira Note
The twenty Naira note came into existence in 1977
12 fifty naira note
It was introduced in Nigeria in 1991
13 Hundred naira note (N100)
The hundred naira note is also a popular currency, bit was introduced in 1999.
14 Two hundred naira note (N200)
It came in the year 1999
15 Five hundred naira note (N500)
It came is the year 2000
16 One thousand naira note (N1000)
The one thousand naira note is the last Nigerian currency that was introduced. It came in the year 2005.
Content created and supplied by: Gistflow (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More