Science Fair Project Encyclopedia
Naira
The Naira is the currency of Nigeria.
1 Naira (₦) = 100 Kobo
At the moment, the currency is with the denomination : 1 Naira = Coin, 5 Naira = Note, 10 Naira = Note, 20 Naira = Note, 50 Naira = Note, 100 Naira = Note, 200 Naira = Note, 500 Naira = Note,
The 1000 Naira note is likely to be out by 2005. Currency is said to have first developed in West Africa. The first currency known were the cowrys, a sea shell. Manilas were a more sophisticated, bronze made bracelets, that could buy a wife.
10-26-2009 08:16:03
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details