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.
Glossary
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Glossary
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.