Nigerian 1000 Naira Banknote Value Guide

The 2013 Nigerian 1000 Naira banknote is a significant piece of West African numismatic history, representing the highest denomination in the country's currency system. It is highly collectible for being the first Nigerian note to incorporate a kinegram and for honoring Alhaji Aliyu Mai-Bornu and Dr. Clement Isong, the first indigenous governors of the Central Bank.

What Is Nigerian 1000 Naira Banknote Worth?

The typical price range for Nigerian 1000 Naira Banknote is $2 - $2 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The physical condition of the note, with 'Uncirculated' (UNC) examples fetching the highest prices near $2.00.
• The presence of crisp, sharp corners and the absence of center folds or heavy circulation wear.
• Serial number patterns, such as low numbers or repeating digits, which can increase collector interest.
• The specific 2013 issue date, as collectors often seek to complete year-by-year sets of the pre-2022 redesign series.

How to Identify Nigerian 1000 Naira Banknote?

• Verify the presence of the gold-colored kinegram on the front right side which shifts colors when tilted.
• Check for the portraits of Alhaji Aliyu Mai-Bornu and Dr. Clement Isong on the obverse side.
• Look for the 2013 print date located on the back of the note near the Central Bank of Nigeria headquarters image.
• Confirm the material is a specific blend of paper and polymer security features typical of this era's production.

History of Nigerian 1000 Naira Banknote

First issued in 2005, this note features Alhaji Aliyu Mai-Bornu and Dr. Clement Isong, the first two indigenous governors of the Central Bank of Nigeria. It was the first Nigerian banknote to use a kinegram as a security feature. The 2013 issue seen here belongs to the series circulated before the 2022 redesign.