Glossary: Nigerian pound (N£)
DEFINITION:
Basic currency unit until January 1, 1973, when it was replaced by the naira (q.v.). N£1 was valued at US$2.80 until December 1971; thereafter N£1 equaled US$3.04.
DEFINITION:
Basic currency unit until January 1, 1973, when it was replaced by the naira (q.v.). N£1 was valued at US$2.80 until December 1971; thereafter N£1 equaled US$3.04.