Nigeria's+Economy

__Nigeria's Economy__



1 US Dollar = 154.084 Nigerian Naria.

Nigerian money is called Naira and the coins are called Kobo. Naira and Kobo's symbol is a capital N with two lines going sideways thorough it. Naira and Kobo were used since 1973.

Some Nigerians make their by selling oil. That is the usual way to make money.


 * NATIONAL GNP [] **[[image:http://www.historycentral.com/NationbyNation/Nigeria/GNP.gif width="315" height="207"]]
 * ~ Date ||~ Naira per US $ ||~ Date ||~ Naira per US $ ||
 * 1972 || 0.658 || 1991 || 8.04 (9.30 PM) ||
 * 1973 || 0.658 || 1992 || 9.91 ||
 * 1974 || 0.63 || 1993 || 17.30 (21.90 PM) ||
 * 1975 || 0.616 || 1994 || 22.33 (56.80 PM) ||
 * 1976 || 0.62 || 1995 || 21.89 (71.70 PM) ||
 * 1977 || 0.647 || 1996 || 21.89 (84.58 PM) ||
 * 1978 || 0.606 || 1997 || 21.89 (84.58 PM) ||
 * 1979 || 0.596 || 1998 || 21.89 (84.70 PM) ||
 * 1980 || 0.550 (0.900 PM) || 1999 || 21.89 (88-90 PM) ||
 * 1981 || 0.61 || 2000 || 85.98 (105.00 PM) ||
 * 1982 || 0.673 || 2001 || 99-106 (104-122 PM) ||
 * 1983 || 0.724 || 2002 || 109-113 (122-140 PM) ||
 * 1984 || 0.765 || 2003 || 114-127 (135-137 PM) ||
 * 1985 || 0.894 (1.70 PM) || 2004 || 127-130 (137-144 PM) ||
 * 1986 || 2.02 (3.90 PM) || 2005 || 132-136 ||
 * 1987 || 4.02 (5.90 PM) || 2006 || 128.50-131.80 ||
 * 1988 || 4.54 (6.70 PM) || 2007 || 120-125 ||
 * 1989 || 7.39 (10.70 PM) || 2008 || 115.50-120 ||
 * 1990 || 7.39 (10.70 PM) || 2009 || 145-171 ||


 * http://en.wikipedia.org/wiki/Nigerian_naira **