Before this current eight notes and three coins, a lot of currencies had come and gone. Take a trip down memory lane and check out the timeline of currency in Nigeria. An ideal currency should be hardy, long lasting, easy to count, difficult to counterfeit, portable, durable and easy to recognize. Right now, Nigeria has eight currency notes — N1000, N500, N200, N100, N50, N20, N10 and N5 — and three currency coins — N2, N1 and 50k — which fulfil all these criteria.
Video: Down Memory Lane
Before this current eight notes and three coins, a lot of currencies had come and gone. Take a trip down memory lane and check out the timeline of currency in Nigeria. An ideal currency should be hardy, long lasting, easy to count, difficult to counterfeit, portable, durable and easy to recognize. Right now, Nigeria has eight currency notes — N1000, N500, N200, N100, N50, N20, N10 and N5 — and three currency coins — N2, N1 and 50k — which fulfil all these criteria.

















