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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€ 1.616,21₦
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 from this list. 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:

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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

Swapping available In my collection

1 kobo

FO#4991 KM#8.1
Price: 0,44€ - 0,58€
Year: 1973-1974
Weight: 6,00 g
Composition: Bronze
Diameter: 25,00 mm
Edge: Smooth

1 naira

FO#8302 KM#14
Price: 1,00€ - 2,39€
Year: 1991-1993
Weight: 12,50 g
Composition: Nickel plated steel
Diameter: 27,50 mm
Edge: Plain with inscription

10 kobo

FO#4994 KM#10.1
Price: 0,29€ - 12,00€
Year: 1973-1976
Weight: 3,90 g
Composition: Copper-nickel
Diameter: 22,80 mm
Edge: Safety grooving

1 kobo

FO#4992 KM#8.2a
Price: 0,79€
Year: 1991
Weight: 2,57 g
Composition: Copper plated steel
Diameter: 17,00 mm
Edge: Smooth

25 kobo

FO#11570 KM#11
Price: 2,54€
Year: 1973-1975
Weight: 9,90 g
Composition: Copper-nickel
Diameter: 27,00 mm
Edge:

1 shilling

FO#6583 KM#5
Price: 0,87€ - 6,61€
Year: 1959-1962
Weight: 5,00 g
Composition: Copper-nickel
Diameter: 23,00 mm
Edge: Ribbed

2 naira

FO#4998 KM#19
Price: 0,98€
Year: 2006
Weight: 7,48 g
Composition: Bimetalica
Diameter: 25,99 mm
Edge: Ribbed

10 kobo

FO#4995 KM#12
Price: 0,55€
Year: 1991
Weight: 3,48 g
Composition: Copper plated steel
Diameter: 19,90 mm
Edge: Smooth

3 pence

FO#8299 KM#3
Price: 1,53€ - 4,88€
Year: 1959
Weight: 3,30 g
Composition: Nickel plated brass
Diameter: 19,00 mm
Edge: Smooth

1 naira

FO#4997 KM#18
Price: 0,97€
Year: 2006
Weight: 5,43 g
Composition: Bimetalica
Diameter: 21,48 mm
Edge:

5 kobo

FO#4993 KM#9.1
Price: 0,34€ - 0,80€
Year: 1973-1986
Weight: 2,80 g
Composition: Copper-nickel
Diameter: 20,00 mm
Edge: Ribbed

10 kobo

FO#11569 KM#10.2
Year: 1987-1990
Weight: 4,00 g
Composition: Copper-nickel
Diameter: 22,80 mm
Edge:

50 kobo

FO#6629 KM#13.2
Price: 3,50€
Year: 1993
Weight: 5,53 g
Composition: Nickel plated steel
Diameter: 24,72 mm
Edge:

1/2 kobo

FO#5857 KM#7
Price: 0,63€ - 1,50€
Year: 1973
Weight: 3,53 g
Composition: Bronze
Diameter: 21,56 mm
Edge: Smooth

50 kobo

FO#6630 KM#13.1
Price: 0,77€ - 1,03€
Year: 1991
Weight: 5,50 g
Composition: Nickel plated steel
Diameter: 24,70 mm
Edge: Smooth

25 kobo

FO#6421 KM#11a
Price: 0,57€
Year: 1991
Weight: 4,49 g
Composition: Copper plated steel
Diameter: 22,45 mm
Edge: Ribbed

1/2 penny

FO#8298 KM#1
Price: 1,85€ - 5,91€
Year: 1959
Weight: 3,80 g
Composition: Bronze
Diameter: 21,60 mm
Edge: Smooth

1000 naira (100 years - Banking in Nigeria)

FO#23183 KM#16
Year: 1994
Weight: 47,54 g
Composition: Gold (0,916)
Diameter: 38,61 mm
Edge: Ribbed

50 kobo

FO#4996 KM#13.3
Price: 0,52€
Year: 2006
Weight: 3,50 g
Composition: Nickel plated steel
Diameter: 19,44 mm
Edge: Smooth

100 naira (100 years - Banking in Nigeria)

FO#23182 KM#15
Year: 1994
Weight: 28,28 g
Composition: Silver (0,925)
Diameter: 38,61 mm
Edge: Ribbed

Other resources to find coins and banknotes of Nigeria

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