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Nairaland Forum / Nairaland / General / Business / Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) (1128 Views)
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Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by TrendedNG(f): 2:45am On Feb 26, 2018 |
[img]https://4.bp..com/-ZB6X2rb6cyw/WpNlglhCJVI/AAAAAAAADvQ/n0I_AV0YLZEZ-f4egefkk2LyQspn3DsogCLcBGAs/s1600/6570474_50kobo_jpeg6ad4821108342d9d94d35bc30ddc73ec.jpg[/img] Who still remembers the 50 kobo note? The 50k note was one of the 4 denominations (50k, ₦1, ₦5 and ₦10) to be introduced on January 1, 1973. Before the introduction of the Nigerian Naira-Kobo currency, the country had used the Nigerian pounds and shillings which were issued on the 1st of July 1959, and before 1959, Nigerians made use of different forms of money including cowries and manilas in a traditional form of exchange known as barter. The image on the front of the 50k note is that of the Central Bank Building in Lagos, and at the back is that of log cutters. The watermark is a heraldic eagle. The notes were last issued in 1989 and were coined in 1991. If you used the 50 kobo notes comment below. |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by omaolowo(m): 3:17am On Feb 26, 2018 |
OP is referring to 50 Kobo: a currency note that was issued only just "yesterday"! Hmmnnn.... So what do you want to say to those of us that spent its predecessor, the 5 shillings note? Before the introduction of Naira and Kobo in 1973, we were using Pounds, Shillings and Pence. 12 pence make 1 shilling 20 shillings make 1 pound I hereby present to you, the 5 shillings note which was the equivalent of 50 kobo when decimalisation changed our Pounds, Shillings and Pence to Naira and Kobo 2 Likes 1 Share
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Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by omaolowo(m): 3:21am On Feb 26, 2018 |
Let me seize the opportunity to show you the back of the 5 shillings note ![]()
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Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by omaolowo(m): 3:31am On Feb 26, 2018 |
Now, with both notes side by side
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Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by SIaye: 4:27am On Feb 26, 2018 |
Mehn i didn't even see or hear about it when i was growing up lol. |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by TrendedNG(f): 4:44am On Feb 26, 2018 |
omaolowo: Wow |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by TrendedNG(f): 4:45am On Feb 26, 2018 |
SIaye: Lol |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by FIDELITY24(m): 6:21am On Feb 26, 2018 |
Those are the good old days, am sure back then the money had value unlike the useless naira notes we have now. |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by naijanative: 6:40am On Feb 26, 2018 |
I used it. It could buy sizable groundnut in late 80's. ![]() Never used shillings anyway |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by agarawu23(m): 7:04am On Feb 26, 2018 |
When Naira had value |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by Virus777: 9:17am On Feb 26, 2018 |
omaolowo: Wow, I'm awestruck! I guess you're a grand daddy now? ![]() |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by TrendedNG(f): 9:25am On Feb 26, 2018 |
FIDELITY24: True |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by TrendedNG(f): 9:25am On Feb 26, 2018 |
agarawu23: Lool |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by TrendedNG(f): 9:26am On Feb 26, 2018 |
Re: Remember The 50K Note? Did You Spend This Note Back In The Day? (photos) by CTechHub(m): 11:43am On Feb 26, 2018 |
wow..when Nigeria was Nigeria |
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