Nigerian Naira · NGN

₦ symbol · 1 country currently using this currency.

Currency info

Adopted: 1973

Currency family: Other

The naira symbol ₦ resembles the letter N with a horizontal line, visually representing Nigeria's initial letter.

Replaced the British pound at a rate of 2 naira = 1 pound when Nigeria decimalized its currency system
Name derives from 'naira,' a Yoruba word meaning 'crown,' reflecting Nigerian cultural heritage
Central Bank of Nigeria has issued multiple series of banknotes featuring national symbols and historical figures
Experienced significant devaluation periods, particularly during the 1980s oil price collapse and 2016 economic crisis

Countries currently using this currency

Related

Other Other currencies

Afghan Afghani (AFN)Albanian lek (ALL)Algerian Dinar (DZD)Angolan Kwanza (AOA)Armenian Dram (AMD)Azerbaijani Manat (AZN)Bahraini dinar (BHD)Bangladeshi taka (BDT)Belarusian ruble (BYN)Boliviano (BOB)Botswana pula (BWP)Brazilian Real (BRL)

Historical predecessor

Nigerian pound