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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Currency Withdrawn: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

1965 Currency Issue

In 1965, the Legal tender was changed to reflect the country's republican status. They were in the denominations of Five (�5) pounds, One (�1) pound, Ten (10/-) Shillings and Five (5/-) shillings with colours different from those of 1959. The coins in use were still the ones issued in 1959, Two (2/-) shillings, three (3p) Pence, One (1p) Penny and One half (1�p) Penny.

Name
Five Pounds
Dimension:
63/16 x 315/16 Inches
Material: Paper
Withdrawn: 1968
One Pound
Dimension:
55/16 x 35/16 Inches
Material: Paper
Withdrawn: 1968
Ten Shilling
Dimension:
57/16 x 31/16 Inches
Material: Paper
Withdrawn: 1968
Five Shilling
Dimension:
5 x 27/8 Inches
Material: Paper
Withdrawn: 1968
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Withdrawn: 1973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Withdrawn: 1973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Withdrawn: 1973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Withdrawn: 1973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Withdrawn: 1973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Withdrawn: 1973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
Structural Adjustment Programme (S.A.P.):Introduced in June 1986, the Structural Adjustment Programme was introduced after a public debate on IMF loan conditionalities. It was aimed at re-structuring the productive base of the ecnonomy and promoting non-inflationary economic growth.
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