noun
- plural of naira; the basic monetary unit of Nigeria
Usage: used in financial and commercial contexts; often abbreviated as ₦ or NGN in currency notation
Examples
- The exchange rate for nairas fluctuates daily in international markets.
- She exchanged her dollars for nairas before traveling to Lagos.
- The price of the hotel room was 50,000 nairas per night.
- Many businesses in Nigeria accept both nairas and credit cards.
- The central bank manages the supply of nairas in circulation.