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Nigerian two-hundred-naira note
Denomination of Nigerian currency From Wikipedia, the free encyclopedia
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The Nigerian two hundred-naira bill (₦200) is a denomination of Nigerian currency. The first Nigerian note with this value was issued in November 2000.[1]
Sardauna of Sokoto Ahmadu Bello has been featured on the obverse of the bill since 2000. On the reverse of the banknote is a pyramid of agricultural commodity, livestock farming, the National Coat of Arms, yellow trumpet flowers, and the denomination.[2] The bills are also commonly referred to as 20 faiba, indicating that it is ₦10 in 20 places.[3]
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Redesign
On the 23rd of October 2022, the governor of the Central Bank of Nigeria, Godwin Emefiele announced that the ₦200, ₦500, and ₦1000 notes would be redesigned to reduce counterfeiting and corruption.[4] The new notes were unveiled on the 23rd of November 2022.[5] No changes were made on the existing features, only the overall colour of the note was changed.[6] President Muhammad Buhari said that the old 200 notes could be used till 10 April 2023. The notes are still in use.
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References
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