Nigerian naira
In circulation in Nigeria
- ISO code
- NGN
- Symbol
- ₦
- Minor unit
- 100
- Notes
- 8
- Coins
- 3
- Issued by
- Central Bank of Nigeria
Notes and coins in circulation
- ₦5
- ₦10
- ₦20
- ₦50
- ₦100
- ₦200
- ₦500
- ₦1,000
The Nigerian naira’s largest current denomination is ₦1,000, worth about $0.75: the 4th least valuable top note among the 150 circulating currencies we have verified, where the median is $27.18.
Bars are scaled to face value on a log scale, not to physical size. Shading indicates value: we have not verified this issuer’s colours. Converted at mid-market reference rates; what a counter pays is always less.
What it is worth
| Currency | 1 NGN = | 1 unit = |
|---|---|---|
| USD | 0.00075 USD | 1,331 NGN |
| EUR | 0.00066 EUR | 1,526 NGN |
| GBP | 0.00056 GBP | 1,780 NGN |
| INR | 0.0720 INR | 13.88 NGN |
Mid-market reference rates, snapshot 22 September 2026: indicative only. What you actually receive is always less. Work out the real cost →
Where it is used
- Nigeria
Tools
What exchanging costs →
Paste the rate you were quoted and see the gap against mid-market.
Do I need to declare it? →
Both legs of any route: where you leave and where you arrive.
Is a torn note still valid? →
How much must survive, and who pays out.
Sources: last verified 22 September 2026 secondary sourced
- ISO 4217 currency list (SIX Group, the ISO 4217 registrar) · retrieved 22 September 2026 primary
- Central Bank of Nigeria · retrieved 22 September 2026 primary
- Nigerian naira (Wikipedia) · retrieved 22 September 2026 secondary