Exchange Rate History
This table shows the historical value of one U.S. Dollar in Nigerian naira - PM = Parallel Market.
Date | Naira per US $ | Date | Naira per US $ |
---|---|---|---|
1972 | 0.658 | 1993 | 17.30 (21.90 PM) |
1973 | 0.658 | 1994 | 22.33 (56.80 PM) |
1974 | 0.63 | 1995 | 21.89 (71.70 PM) |
1975 | 0.616 | 1996 | 21.89 (84.58 PM) |
1976 | 0.62 | 1997 | 21.89 (84.58 PM) |
1977 | 0.647 | 1998 | 21.89 (84.70 PM) |
1978 | 0.606 | 1999 | 21.89 (88-90 PM) |
1979 | 0.596 | 2000 | 85.98 (105.00 PM) |
1980 | 0.550 (0.900 PM) | 2001 | 99-106 (104-122 PM) |
1981 | 0.61 | 2002 | 109-113 (122-140 PM) |
1982 | 0.673 | 2003 | 114-127 (135-137 PM) |
1983 | 0.724 | 2004 | 127-130 (137-144 PM) |
1984 | 0.765 | 2005 | 132-136 |
1985 | 0.894 (1.70 PM) | 2006 | 128.50-131.80 |
1986 | 2.02 (3.90 PM) | 2007 | 120-125 |
1987 | 4.02 (5.90 PM) | 2008 | 115.50-120 |
1988 | 4.54 (6.70 PM) | 2009 | 145-171 |
1989 | 7.39 (10.70 PM) | 2010 | 148.21-154.8 |
1990 | 7.39 (10.70 PM) | 2011 | 151.05-165.1 |
1991 | 8.04 (9.30 PM) | 2012 | |
1992 | 9.91 | 2013 |
Current NGN exchange rates | |
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Currently Circulating Banknotes | |||||||||
---|---|---|---|---|---|---|---|---|---|
1999–2005 Series | |||||||||
Image | Value | Dimensions | Main Colour | Description | Date of | ||||
Obverse | Reverse | Obverse | Reverse | Watermark | first printing | issue | |||
₦100 | 151 × 78 mm | Red and multicolour | Chief Obafemi Awolowo | Zuma Rock | As portrait(s), "CBN", value | 1999 | 1 December 1999 | ||
₦200 | Blue and multicolour | Sir Ahmadu Bello | Pyramid of agricultural commodity and livestock farming | 2000 | 1 November 2000 | ||||
₦500 | Purple and multicolour | Dr. Nnamdi Azikiwe | Off-shore oil-rig | 2001 | 4 April 2001 | ||||
₦1000 | Purple | Alhaji Aliyu Mai-Bornu, Dr. Clement Isong | CBN's corporate headquarters in Abuja | 2005 | 12 October 2005 | ||||
2006 Series (Polymer banknotes) | |||||||||
₦5 | 130 × 72 mm | Mauve | Alhaji Abubakar Tafawa Balewa | Nkpokiti dancers | Central Bank of Nigeria logo, "CBN" | 2006 | 28 February 2007 | ||
₦10 | Red | Mr. Alvan Ikoku | Fulani milk maids | ||||||
₦20 | Green | General Murtala Mohammed | Ladi Kwali | ||||||
₦50 | Blue | Hausa, Igbo and Yoruba men and a woman | Local fishermen | ||||||
Read more about this topic: Nigerian Naira
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