<P> The naira was introduced on 1 January 1973 , replacing the pound at a rate of 2 naira = 1 pound . This made Nigeria the last country to abandon the £ sd currency system . There was a plan to redenominate the naira at 1 new naira = 100 old naira in 2008 , but the plan was suspended . The currency sign is U + 20A6 ₦ Naira sign . </P>
<P> The naira was introduced on 1 January 1973 , replacing the pound at a rate of 2 naira = 1 pound . This made Nigeria the last country to abandon the £ sd currency system . There was a plan to redenominate the naira at 1 new naira = 100 old naira in 2008 , but the plan was suspended . The currency sign is U + 20A6 ₦ Naira sign . </P>
when did nigeria change its currency from pounds to naira
when did nigeria change its currency from pounds to naira
1 January 1973
1 January 1973