Currency Gallery

Notes: N1000 | N500 | N200 | N100 | N50 | N20 | N10 | N5
Coins N2 | N1 | 50 Kobo |
Withdrawn:
Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007

5 Kobo Coin

Dimensions
150mm x 78mm

Date Released
1973

Date Released
28th February 2007

Design
The N50 note was introduced in 1991. Ornamental patterns, geometric motifs adapted from Nigerian traditional art forms are intricately combined and colors have been chosen to ensure beauty, distinctiveness and clear identification.

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

The main feature in 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. Cowries shells were once a medium of exchange in the country.

Facts : 1/1/1900
Central Banking:The earliest known bank of issue is the Riksbank of Sweden (1656). Modern central banking started with Bank of England (1694). Central Bank of Nigeria began operations in 1959.
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