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Currency history

Nigerian pound

Nigerian pound: a historical unit of account.

Dates in use
Introduction and ending not established
Ancestry branch
Sterling
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Where this money came from

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8 ancestors · 2 descendants. Follow a name to its history. Select a dated connection for its evidence.

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The story

Nigeria redesigned notes in 1965 and again during the civil war in 1968; these are recorded as issue changes. [1]

Turning points

First national issue

Nigeria issued its national notes and coins on 1 July 1959 while withdrawing WACB issues. [2]

Note redesign

Inference: Nigeria redesigned notes in 1965 and again during the civil war in 1968; these are recorded as issue changes. [1]

Unit replacement

Decimal notes and coins began on 1 January 1973; one naira equalled ten old shillings, or two naira per pound. [3]

Sources and evidence

  1. Central Bank of Nigeria · Currency Gallery C414 ↗
  2. Central Bank of Nigeria · Currency Gallery C412 ↗
  3. Central Bank of Nigeria · 1973 Currency Issue C415 ↗

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Cite this page

“Nigerian pound.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000643.html

Editorial evidence supplement · Download dataset v44

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