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Currency in Circulation:

Notes: N1000 | N500 | N200N100 C | N100 | N50 | N20 | N10 | N5
Coins: N2 | N 1 | 50 Kobo

Currency Withdrawn:

 Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007| 2022

N50 Note

Dimensions
130mm x 78mm

Date Released
28th February, 2007

Design
The N50 note was introduced in 1991 and redesigned in 2007. Ornamental patterns, geometric motifs adapted from Nigerian traditional art form were intricately combined and colors were chosen to ensure beauty, distinctiveness and clear identification.

The back side image depicts a big catch by local fishermen.

Past Issues of this note

With drawn in 2007
 

The main feature on the front are the hand engraved portraits of four Nigerians, three men and a woman, superimposed on the Nigerian map.

The main feature on the back is a hand engraved vignette that depicts farming in its two aspects of cultivating and harvesting. The right top corner value is on two cowries shells. Cowrie shells were once a medium of exchange in the country.

See frequently asked questions on Currency Management

Facts : 7/24/1958
First Governor of CBN:Mr. Roy Pentelow Fenton was appointed the first and the only expatriate Governor of Central Bank of Nigeria. He served from July 24, 1958 to July 24, 1963.
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