50 Naira

Features

Issuer	Nigeria
Issuing bank	Central Bank of Nigeria
Period	Federal Republic (1963-date)
Type	Standard circulation banknotes
Years	2001-2005 (1991-2005)
Value	50 Naira (50 NGN)
Currency	Naira (1973-date)
Composition	Paper
Size	150 × 77 mm
Shape	Rectangular
Demonetized	May 2007
Number	N# 206598
References	P# 27 Standard Catalog of World Paper Money (10 volumes). , TBB# 225 Owen W. Linzmayer. The Banknote Book (4 volumes).

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Obverse

Dark-blue, black and gray on multicolor underprint.
Four busts reflecting varied citizenry at left center.

Script: Latin

Lettering:
CENTRAL BANK OF NIGERIA
FIFTY NAIRA

Reverse

Three farmers in a field at center right; Coat of arms at lower right.

Script: Latin

Lettering:
CENTRAL BANK
OF NIGERIA
FIFTY NAIRA

Watermark

Heraldic eagle.

Signatures

Alhaji Abdulkadir Ahmed (AAA)	Governor
Alhaji Monsuru Adetoro (AMA)	Director of Domestic Operations
Alhaji Muhammad Abubakar Sadiq (AMAS)	Director of Domestic Operations
Paul Agbai Ogwuma (PAO)	Governor
Joseph Oladele Sanusi (JOS)	Governor
Patrick Anene (PA)	Director of Domestic Operations
Chukwuma Charles Soludo (CCS)	Governor
Benjamin Chuks Onyido (BCO)	Director of Currency and Branch Operations

Comments

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Date	Signatures	VG	F	VF	XF	AU	UNC	References		Frequency
Undetermined
ND (1991-2000)	AAA, AMA							P# 27a Standard Catalog of World Paper Money (10 volumes).		12%
ND (1991-2000)	AAA, AMAS	$ 0.87	$ 1.50	$ 2.50				P# 27b Standard Catalog of World Paper Money (10 volumes).		18%
ND (1991-2000)	PAO, AMAS		$ 1.10	$ 1.10	$ 1.80	$ 3.20	$ 4.60	P# 27c Standard Catalog of World Paper Money (10 volumes).	Large one letter prefix	43%
ND (1991-2000)	PAO, AMAS							P# 27c Standard Catalog of World Paper Money (10 volumes).	Small double letter prefix	4%
ND (1991-2000)	PAO, AMAS		$ 0.69				$ 4.60	P# 27c Standard Catalog of World Paper Money (10 volumes).	Small one letter prefix	6%
ND (1991-2000)	JOS, AMAS							P# 27d* Standard Catalog of World Paper Money (10 volumes).	Without date; same signatures to P#27d (not listed in SCWPM)	0.2%
2001	JOS, AMAS						$ 2.80	P# 27d Standard Catalog of World Paper Money (10 volumes).		10%
2004	JOS, PA						$ 5.80	P# 27e Standard Catalog of World Paper Money (10 volumes).		8%
2005	CCS, BCO						$ 6.00	P# 27f Standard Catalog of World Paper Money (10 volumes).		11%
2005	CCS, PA							P# 27f* Standard Catalog of World Paper Money (10 volumes).	Not listed in SCWPM	0.8%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Members from this site want to exchange it: Nasser56, jdanielpm, Baptiste50, Piwi, GianOlaiz, PRonnas, Didier29, Actualbike91078, Franck d'aubière, Iftikhar Ali 2025, milanpache, nmfeds, deepak.sevta, Avraham Cohen, Inspektor81, numis27, despot76, bdpk2000, franktomi

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Numista Rarity index: 19 Search tips

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 104 Lot 1007	19 Dec 2023	ND (1991-2000) AAA, AMA – P# 27a	UNC	USD 8.09 (EUR 7.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 104 Lot 1006	19 Dec 2023	ND (1991-2000) AAA, AMA – P# 27a	F	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 95 Lot 2137	16 Sep 2023	ND (1991-2000) PAO, AMAS – P# 27c – Large one letter prefix	F	USD 5.78 (EUR 5.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 104 Lot 1008	19 Dec 2023	ND (1991-2000) PAO, AMAS – P# 27c – Small one letter prefix	UNC	USD 5.78 (EUR 5.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 104 Lot 1009	19 Dec 2023	2004 JOS, PA – P# 27e	UNC	USD 11.55 (EUR 10.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 71 Lot 4257	30 Nov 2022	Undetermined	VF	USD 5.78 (EUR 5.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.