A trip down memory lane: Timeline of currency in Nigeria

fifty koko currency Nigeria (Scooper)

Here is a comprehensive list of all that was considered currency in Nigeria from pre-colonial times till date.

Before this current eight notes and three coins, a lot of currencies had come and gone.

Take a trip down memory lane and check out the timeline of currency in Nigeria.

An ideal currency should be hardy, long-lasting, easy to count, difficult to counterfeit, portable, durable and easy to recognize. Right now, Nigeria has eight currency notes — N1000, N500, N200, N100, N50, N20, N10 and N5 — and three currency coins — N2, N1 and 50k — which fulfil all these criteria.

By Adaobi Onyeakagbu.

Full story at Pulse NG.