About Nigerian Naira Exchange
The Nigerian Naira (NGN) is the official currency of Nigeria, one of Africa’s largest economies and the most populous nation on the continent. We accept all denominations of Nigerian Naira banknotes and coins, including older series and damaged notes.
Current Nigerian Naira Banknotes
The Central Bank of Nigeria has issued a range of polymer and paper banknotes, featuring national heroes and landmarks across a variety of denominations. Unlike most high street exchanges, we accept all current Naira banknotes, including higher-value notes that are increasingly in circulation. Security features on modern Naira notes include watermarks, security threads, and colour-shifting ink. If you have returned from Nigeria with a mix of denominations, we will exchange them all.
Old Series & Damaged Notes
Older Naira banknotes — including earlier paper series that predate more recent redesigns — are accepted by us even where other exchange services will turn them away. We apply our standard 50% intact rule: as long as a note is at least half present, we can exchange it, though the rate offered on older or damaged notes may be slightly lower than for current issues. If you’re also holding other West African currencies, we exchange CFA Francs West Africa as well.
Nigerian Naira Coins
Nigerian Naira coins, known as Kobo, are issued in a range of denominations and are accepted as part of our service — something many currency exchange providers simply refuse to do. Rates on coins are slightly lower than for banknotes due to the additional handling involved, but no coins will go to waste. If you also have coins from other African countries, take a look at our pages for Kenyan Shillings or South African Rands.
Why Exchange With Us?
- Competitive exchange rates updated daily
- Accept coins and damaged notes that banks won’t take
- We verify your currency and pay you within 5 working days
- No hidden fees or charges