naira

American

[nahy-ruh] / ˈnaɪ rə /

noun

a paper money and monetary unit of Nigeria, equal to 100 kobo: replaced the pound in 1973.

naira British

/ ˈnaɪrə /

noun

the standard monetary unit of Nigeria, divided into 100 kobo

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of naira

C20: altered from _Nigeria

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

As the naira plunged and pump prices increased several times, the government, aware of the potential danger of protests, continued to pipette some medicine to the masses.

From BBC • Nov. 17, 2024

He also stopped the policy of artificially propping up the value of the local currency, the naira, and let market forces determine its value.

From BBC • Nov. 17, 2024

Meanwhile the naira, Nigeria’s currency, has depreciated by more than 400% against the US dollar, further worsening the economic hardships.

From BBC • Oct. 18, 2024

"When I was applying, the exchange rate was around 600 naira per pound, but by the time I arrived, it was 1,400," he added.

From BBC • May 31, 2024

He was also newly rich and newly disoriented: one week he was broke and squatting in his cousins flat and the next he had millions of naira in his bank account.

From "Americanah" by Chimamanda Ngozi Adichie

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023