Nigerian 1000 Naira Note Value Guide

The 2013 Nigerian 1000 Naira note is a significant piece of West African numismatic history, representing the highest denomination issued by the Central Bank of Nigeria. It is highly collectible for its dual portraits of Alhaji Aliyu Mai-Bornu and Dr. Clement Isong, the first two indigenous governors of the bank, symbolizing Nigeria's financial sovereignty.

What Is Nigerian 1000 Naira Note Worth?

The typical price range for Nigerian 1000 Naira Note is $1 - $1 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Physical condition, specifically the absence of folds, tears, or ink stains, which determines the premium over face value.
• The presence of a crisp, uncirculated texture typical of cotton paper currency.
• Serial number sequences, where low or repeating numbers can increase collector interest.
• The integrity of the hologram patch and security thread against wear and tear.

How to Identify Nigerian 1000 Naira Note?

• Verify the presence of the high-security hologram patch located on the front right side of the note.
• Check for the dual portraits of Alhaji Aliyu Mai-Bornu and Dr. Clement Isong on the obverse side.
• Confirm the 2013 issue date printed on the cotton paper substrate.
• Look for the Central Bank of Nigeria headquarters building depicted on the reverse side.

History of Nigerian 1000 Naira Note

First introduced in October 2005, the 1000 Naira note is the highest denomination of the Nigerian currency. It honors the first two indigenous governors of the Central Bank of Nigeria, symbolizing the country's financial independence and leadership. This specific 2013 issue was part of the ongoing effort to maintain secure and modern legal tender within the Federal Republic of Nigeria.