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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.
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