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Friday, 21 September 2018

Understanding Money In Edo By Uwagboe Ogieva

Before the coming of the European or English pounds and shillings, Edo people were using cowries - 'ikpigho', as a form of money in economic, trade and social transactions. Over time, this was done away with and a new form of money was introduce.

Today Edo people use 'ENAIRA' and "IKOBO” (Naira and Kobo). However, Edo system of counting money is a beat different numerically. In Edo, 10 kobo (10 ikọbọ) is equal to Isele ọkpa, 100 kobo equal to Isele igbe

 

 

Bellow is a simple illustration:

 

1 kobo = 1 ikọbọ
10 kobo = (10 ikọbọ) - Isele ọkpa
100 kobo = Isele igbe
1 naira = Isele igbe
2 naira = Ikpen ọkpa
3 naira = Ikpen ọkpa vbe Isele igbe (ọkpa vb’igbe)
4 naira = Ikpen eva
5 naira = Ikpen eva vbe Isele igbe (eva vb’igbe)
6 naira = Ikpen eha
7 naira = Ikpen eha vbe Isele igbe (eha vb’igbe)
8 naira = Ikpen enen
9 naira = Ikpen enen vbe Isele igbe (ọkpa vb’igbe)
10 naira = Ikpen isen
20 naira = Ikpen igbe
30 naira = Ikpen ekesugie
40 naira = Ikpen ugie
50 naira = Ikpen isen yan ugie
60 naira = Ikpen ọgban
70 naira = Ikpen isen yan ọgban
80 naira = Ikpen iyeva
90 naira = Ikpen isen yan iyeva
100 naira = Ikpen ekigbesiyeha

200 naira = Ikpen iyisen / Ẹkpo ọkpa
300 naira = Ẹkpo ọkpa vb'ukhionmwen
400 naira = Ẹkpo eva
500 naira = Ẹkpo eva vb'ukhionmwen
600 naira = Ẹkpo eha
700 naira = Ẹkpo eha vb'ukhionmwen
800 naira = Ẹkpo enen
900 naira = Ẹkpo enen vb'ukhionmwen
1000 naria = Ẹkpo isen

2000 naira = Ẹkpo igbe3000 naira = Ẹkpo ekesugie
4000 naira = Ẹkpo ugie
5000 naira = Ẹkpo isen yan ugie
6000 naira = Ẹkpo ọgban
7000 naira = Ẹkpo isen yan ọgban
8000 naira = Ẹkpo iyeva
9000 naira = Ẹkpo isen yan iyeva
10000 naira = Ẹkpo ekigbesiyeha

[ọkpa = 1, Ikpen = 2, igbe = 10, ẹkpo = 200, Iyisen = 100, Arriaisen = 1000]

Isele ọkpa = 10 ikọbọ
Isele igbe (10) = (100) ikọbọ iyisen = enaira ọkpa  ₦ 1 (ra) Isele igbe

Isele ugie (20) = (200) ikọbọ iyisen eva = enaira eva  ₦ 2 (ra) ikpen ọkpa (2 x 1)

Isele ogban (30) = (300) ikọbọ iyisen eha = enaira eha  ₦ 3 (ra) ikpen ọkpa vbe isele igbe / (ọkpa vb'igbe)

Isele iyeva (40) = (400) ikọbọ iyisen enen = enaira enen  ₦ 4 (ra) ikpen eva (2 x 2)

Isele ekigbesiyeha (50) = (500) ikọbọ iyisen isen = enaira isen  ₦ 5 (ra) ikpen eva vbe isele igbe / (eva vb'igbe)

Isele iyeha (60) = (600) ikọbọ iyisen ehan = enaira ehan  ₦ 6 (ra) ikpen eha (2 x 3)

Isele ekigbesiyenen (70) = (700) ikọbọ iyisen ihinrin = enaira ihinrin  ₦ 7 (ra) ikpen eha vbe isele igbe / (eha vb'igbe)

Isele iyenen (80) = (800) ikọbọ iyisen erenren = enaira erenren  ₦ 8 (ra) ikpen enen (2 x 4)

Isele ekigbesiyisen (90) = (900) ikọbọ iyisen ihinron = enaira ihinron  ₦ 9 (ra) ikpen enen vbe isele igbe / (enen vb'igbe)

Isele iyisen (100) = (1000) ikọbọ arriaisen = enaira igbe  ₦ 10 (ra) Ikpen isen (2 x 5)

Isele arriaisen (1,000) = (10,000) ikọbọ arriaisen igbe = enaira iyisen ( ₦ 100) | Ikpen ekigbesiyeha (2 x 50) (ra) ukhionmwen ẹkpo (200/2)

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