What does NAIRA mean?

Naira

Part of Speech: Noun

Definition: The official currency of Nigeria.

Pronunciations: US: /ˈnaɪərə/, UK: /ˈnaɪrə/

Origin and Usage: The naira was introduced in Nigeria in 1973 to replace the pound. It is named after the River Niger, which flows through Nigeria. The naira is used as the official currency of Nigeria and is divided into 100 kobo. It is widely accepted in the country and is used for everyday transactions, as well as for international trade.

Synonyms: None

Related Words: Niger, Arian, Airan, Irana, Raias

Example Sentences:

1. He exchanged his dollars for naira at the bank.
2. The price of a loaf of bread in the market is 200 naira.
3. The naira has been devalued several times in recent years.