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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€ 1.615,15₦
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

1/2 penny

KM#1 FO#8298
Price 1,85€-5,91€
Year 1959

1 penny

KM#2 FO#8297
Price 1,87€-4,38€
Year 1959

3 pence

KM#3 FO#8299
Price 1,53€-4,88€
Year 1959

6 pence

KM#4 FO#8300
Price 1,97€-6,28€
Year 1959

1 shilling

KM#5 FO#6583
Price 0,87€-6,61€
Year 1959-1962

2 shillings

KM#6 FO#8301
Price 1,50€
Year 1959

1/2 kobo

KM#7 FO#5857
Price 0,63€-1,50€
Year 1973

1 kobo

KM#8.1 FO#4991
Price 0,44€-0,58€
Year 1973-1974

1 kobo

KM#8.2a FO#4992
Price 0,79€
Year 1991

5 kobo

KM#9.1 FO#4993
Price 0,34€-1,06€
Year 1973-1986

5 kobo

KM#9.2 FO#8310
Year 1987-1989

10 kobo

KM#10.1 FO#4994
Price 0,29€-12,00€
Year 1973-1976

10 kobo

KM#10.2 FO#11569
Year 1987-1990

25 kobo

KM#11 FO#11570
Price 2,54€
Year 1973-1975

25 kobo

KM#11a FO#6421
Price 0,57€
Year 1991

10 kobo

KM#12 FO#4995
Price 0,55€
Year 1991

50 kobo

KM#13.1 FO#6630
Price 0,77€-1,03€
Year 1991

50 kobo

KM#13.2 FO#6629
Price 3,50€
Year 1993

50 kobo

KM#13.3 FO#4996
Price 0,52€
Year 2006

1 naira

KM#14 FO#8302
Price 1,00€-2,39€
Year 1991-1993

Other resources to find coins and banknotes of Nigeria

Can't find what you are looking for? Take a look at our coin finder and speed up your searches within the collections of all collectors, or if you prefer you can search directly in the list of coin collectors and access their profile to see their collections.