Nigeria Coins
The official currency of Nigeria is the naira, which is divided into 100 kobo. Introduced in 1973, this currency has undergone several fluctuations and changes throughout its history, reflecting the economic and political evolution of Africa's most populous country.
Monetary history of Nigeria
Prior to the introduction of the naira, Nigeria used the Nigerian pound as its official currency. It was inherited from the British colonial period and remained in circulation from independence in 1960 until 1973. The transition to the naira marked an important milestone in the country' s monetary sovereignty, allowing greater autonomy in national economic policy.
Significant events in Nigerian numismatics
A significant event in Nigeria's numismatic history was the introduction of polymer coins in 2007, making it one of the first African countries to adopt this technology. In addition, in 2020, the Central Bank of Nigeria announced plans to redesign and replace the higher denominations of the naira, with the aim of combating counterfeiting and improving the security of the national currency.
| Country | Nigeria |
| Flag | |
| Coin | Naira (NGN) |
| 1€ | 1.756,55₦ |
| Continent | Africa |
| Capital city | Abuja |
| ISO2 | NG |
| ISO3 | NGA |
| Catalogued coins | 39 |
If you are a passionate collector, this catalog offers the possibility to create your own personal collection. You can add your coins and generate a free PDF catalog from a complete database and our management tools. In addition, once registered, you will have the opportunity to exchange coins with other collectors around the world easily and free of charge.
The most valuable coins
The most valuable Nigeria coins and sought after by collectors according to Foronum statistics are the following:
The valuation of these coins has been achieved through a meticulous algorithm that considers the current market, taking into account aspects such as material, weight, diameter, edge, year of mintage, mint of manufacture and the number of coins produced. Coins with limited mintages and in good condition are usually among the most valuable.
Coin catalogs related to Nigeria
You can consult other coins related to Nigeria, these catalogs are usually country history: former countries, unifications, independence provinces, colonies, etc.
Coin Catalog
1/2 penny
1 penny
3 pence
6 pence
1 shilling
2 shillings
1/2 kobo
1 kobo
1 kobo
5 kobo
5 kobo
10 kobo
10 kobo
25 kobo
25 kobo
10 kobo
50 kobo
50 kobo
50 kobo
1 naira
Other resources to find coins and banknotes of Nigeria
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