Nigerian 1000 Naira Note Value Guide

The 2013 Nigerian 1000 Naira note is a significant piece of 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 nation's central bank.

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:

• The physical condition of the note, with Uncirculated (UNC) examples fetching the highest prices.
• The presence of crisp edges and the absence of folds, tears, or ink stains.
• Serial number sequences, where low or repeating numbers can increase collector interest.
• The stability of the exchange rate and the demand for high-denomination African banknotes in the global market.

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 specific 2013 print date and the portraits of Alhaji Aliyu Mai-Bornu and Dr. Clement Isong.
• Examine the texture for authentic cotton paper and the distinct raised ink used in the printing process.
• Look for the Central Bank of Nigeria official seal and the signature of the Governor and Director of Currency Operations.

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.