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Currency Gallery

Currency | History of Nigerian Currency | Legal Tender | Currency Gallery | Security Features | Features of Nigerian Currency | Clean Notes Policy

Currency in Circulation:

Notes: N1000 | N500 | N200| N100 C | N100 | N50 | N20 | N10 | N5
Coins: N2 | N 1 | 50 Kobo

Currency Withdrawn:

 Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007

1968 Currency Issue

In 1968, Nigeria fought a civil war. In order to stem the misuse of the country’s currency notes during the period, Nigeria decided to change the currency notes issued in 1965 as a war strategy. The currency notes were in denominations of Five (�5) Pounds, One (�1) Pound, Ten (10/-) Shillings and Five (5/-) Shillings. The coins issued in 1959 were retained, Two (2/-) Shillings, Three (3p) Pence, One (1p) Penny and One half (p) Penny.

Name
Five Pounds
Dimension:
45/16 x 35/16 Inches
Material: Paper
Withdrawn: 1973
One Pounds
Dimension:
45/16 x 35/16 Inches
Material
: Paper
Withdrawn: 1973
Ten Shilling
Dimension:
57/16 x 31/16 Inches
Material: Paper
Withdrawn: 1973
Five Shilling
Dimension:
5 x 27/8 Inches
Material
: Paper
Withdrawn: 1973
Two Shilling
Dimension:
Material: Silver
Withdrawn: 1973
One Shilling
Dimension:
Material: Silver
Withdrawn: 1973
Six Pence
Dimension:
Material: Silver
Withdrawn: 1973
Three Pence
Dimension:
Material: Gold
Withdrawn: 1973
1 Pence
Dimension:
Material: Bronze
Withdrawn: 1973
One and Half Pence
Dimension:
Material: Bronze
Withdrawn: 1973

See frequently asked questions on Currency Management

Facts : 1/1/1900
West African Currency Board:The West African Currency Board was established in 1912 to retain the services of Bank of British West Africa. It set up four centres in Lagos, Accra, Freetown and Barthurst (now Banjul).
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