Nigerian Naira
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Nigerian’s national currency is the Naira, the name of which is a contraction of “Nigeria”. The Nigerian Naira was introduced in 1973, replacing the Nigerian Pound. The currency sign of the Nigerian Naira is NGN. The naira is subdivided into 100 kobo.
The Nigerian Naira is a closed currency, with import and export restrictions on the amounts travelers can taken in or out of the country. This is the reason why bureaux de change outside of Nigeria do not exchange Nigerian Naira.
However at Leftover Currency we exchange Nigerian Naira. We offer anyone to exchange their leftover naira to cash. We exchange both Nigerian Naira banknotes, as well as Nigerian Naira and Kobo coins. We also exchange older, withdrawn Nigerian Naira banknotes. To convert your NGN to spendable money, select the type of naira you want to exchange:
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current Nigerian Naira banknotes
1999 - currentExchange Rate: £0.00113Issued by the Abuja-based Central Bank of Nigeria, the current set of Nigerian Naira banknotes was introduced in 1999. Initially all NGN banknotes were made of paper. To lengthen the lifetime of the banknotes, the ₦5, ₦10, ₦20 and ₦50 bills were introduced as polymer banknotes, replacing the older paper versions. The ₦100, ₦200, ₦500 and ₦1000 notes remain made of paper. In addition to current Nigerian banknotes we also exchange Nigerian coins and withdrawn Nigerian Naira banknotes.
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Nigerian Naira coins
1973 - currentExchange Rate: £0.00100Nigerian Naira coins are not much in use because of their very low value. Issued by the Abuja-based Central Bank of Nigeria (CBN), all Nigerian coins feature the Nigerian coat of arms with two horses and an eagle. Coins in circulation in Nigeria are ₦2, ₦1 and 50 kobo. The kobo is the subunit of the Naira, with 100 kobo in one Naira. If you have Nigerian coins we can exchange them for cash for the little value they have. In addition you can also exchange your current Nigerian Naira banknotes, as well as older withdrawn Nigerian Naira banknotes.
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withdrawn Nigerian Naira banknotes
1973 - 2009Exchange Rate: £0.00071These older series of Nigerian Naira banknotes are made of paper. The old paper naira notes of ₦50, ₦20, ₦10 and ₦5 have been withdrawn from circulation by the Central Bank of Nigeria and replaced by new polymer ones with a longer lifespan. The ₦1 and 50 kobo notes have been replaced by coins. Although the withdrawn Nigerian Naira banknotes are no longer legal tender, they can still be exchanged. We are able to convert all old Nigerian banknotes to cash. In addition we can exchange current Nigerian Naira banknotes as well as Nigerian coins.
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