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When the naira was introduced, it had an official exchange rate of US$1.52 for ₦1, though a currency black market existed in which the naira traded at a discount relative to the official exchange rate. The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar.
The ten Naira note, distinguished by its orange tint, bears the likeness of Alvan Ikoku, a figure notable for his contributions to education in Nigeria.His representation on the note commemorates his pioneering efforts in establishing one of the earliest African-owned secondary schools, thus exemplifying the nation's commitment to educational development.
When writing currency amounts, the location of the symbol varies by language. For currencies in English-speaking countries and in most of Latin America, the symbol is placed before the amount, as in $20.50. In most other countries, including many in Europe, the symbol is placed after the amount, as in 20,50€.
Write the amount in numbers in the box with the dollar sign. On the row beneath “Pay to the order of,” write the payment amount in words. Sign your name on the line in the bottom right.
Start by writing the dollar amount in words, then express the cents as a fraction using xx/100. So, in this example, write “One thousand, five hundred and 75/100” to indicate the dollar amount ...
Line for the dollar amount: This is where you write the check amount, in words. Memo line: A feature that gives you the option to indicate the purpose of the check. Name of the bank: Usually ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 5 January 2025. "Hundred million" redirects here. For the song by Treble Charger, see Hundred Million. Natural number 100000000 List of numbers Integers ← 10 0 10 1 10 2 10 3 10 4 10 5 10 6 10 7 10 8 10 9 Cardinal One hundred million Ordinal 100000000th (one hundred millionth) Factorization 2 8 × 5 8 ...
Nigerian one thousand-naira note ( ₦ 1000 or NGN 1000) is a denomination of the Nigerian currency. The one thousand-naira note was introduced in October 2005. [1] It is the highest Naira denomination. On 12 October 2005, Olusegun Obasanjo launched the ₦ 1000 note. [2]