1 Nigerian Naira Coin

1 Nigerian Naira Coin


Do you have a Nigeria 1 Naira Coin? Here’s how to exchange it with us.

  •     Tell us how many 1 Naira Coins you want to exchange
  •     Click on the ‘Add to Cart’ button.
  •     This will add the exchange value to your online wallet.

Repeat these steps for all banknotes, coins, stamps, and gift cards you want to exchange. Complete the checkout process and get paid within a week or less.

You get: $0.00


1 Nigerian naira Coin Design

The 1 Nigerian naira commemorative coin front design features the National Coat of Arms.  The reverse coin design presents the bust of  Olayinka Herbert Samuel Heelas Badmus Macaulay (1864 – 1946), who was a Nigerian nationalist and politician considered the founder of Nigerian nationalism, and the denomination between the date of birth and death of the character on the coin. This coin is part of the 2006 commemorative series: “ Herbert Macaulay 1864 – 1946 “. Its rim is plain, and its color is gold and silver.

Text: Federal Republic of Nigeria, CBN, 2006, Unity and Faith, Peace and Progress, Herbert Macaulay 1864 – 1946, One Naira, 1.

Do you want to know more about the 1 Nigerian naira Coin?

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The naira is the official currency in Nigeria since 1973 when it replaced the Nigerian pound after the national independence in 1960. The official currency symbol is ₦.

After establishing the naira as the legal currency of exchange, the Central Bank of Nigeria issued coins in denominations of 1⁄2, 1, 5, 10, and 25 kobo, followed by ₦1 in 1991.

In 2007, the 50 kobo and ₦1 notes were changed to coins, and the ₦2 coin was introduced.

Nigeria currency symbol

The currency code for Nairas is NGN, and the currency symbol is ₦. Therefore, 100 kobo are One Naira.

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Additional information


Current Nigerian naira coin



Tender Types


Product Currencies

Nigerian naira

Country coin denominations

1, 2


Gold, Silver

Composition material

Bimetallic: brass centre in stainless steel ring


21.5 mm


2.07 mm




Medal alignment ↑↑


5.43 g


Olayinka Herbert Samuel Heelas Badmus Macaulay


Engineer, Journalist, Musician


Golden eagle (Aquila chrysaetos), Horse (Equus ferus caballus)


Yellow trumpet (Costus spectabilis)




Mantle, Men, Portrait, shield

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