naira

Nigerian monetary unit

The naira is the basic unit of currency in Nigeria, divided into 100 kobo.

Like most currency names, it appears in financial and economic contexts: The naira has depreciated against the dollar, Prices are quoted in naira.

currency

banknotes

Paper currency notes

cash · exchange rate · forex · bureau de change · convertibility · circulation · devaluation · redenomination · serial number · counterfeit

transactions

payment

Fulfilling a financial obligation

ATM · POS · mobile money · bank transfer · cash · wallet · spending · savings · remittance · exchange

Nigeria

Lagos

West African megacity

economy

inflation

Sustained price level increase

fiscal policy · budget · deficit · subsidy · diversification · remittances · exports · petrodollar · economic reform · austerity

Categories
Opposites
regional African currencies

nairacedi

Ghana's official money

rand · CFA franc · shilling · escudo · dirham

global reserve/major currencies

nairaUS dollar

American monetary unit

dollar · euro · British pound · pound sterling · Japanese yen

Familiarity
Top 1,000,000
Profile
Used worldwide · Timeless · Concrete · Rated G