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nigerian monetary unit

 

Definitions from WordNet

Noun nigerian monetary unit has 1 sense
  1. Nigerian monetary unit - monetary unit in Nigeria
    --1 is a kind of
    monetary unit
    --1 has particulars: naira; kobo

Definitions from the Web

Nigerian Monetary Unit

The Nigerian Monetary Unit refers to the currency used in Nigeria. The official currency of Nigeria is the Nigerian Naira (NGN), which is divided into 100 kobo.

Senses:

Sense 1:

In the context of Nigerian economics, the Nigerian Monetary Unit refers to the system of currency and financial transactions in Nigeria.

Example sentence: The stability of the Nigerian Monetary Unit is crucial for the country's economic growth.

Sense 2:

In everyday usage, the Nigerian Monetary Unit represents the physical currency, coins, and banknotes used in Nigeria.

Example sentence: The traveler exchanged their dollars for Nigerian monetary units at the airport.

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