Meaning and name origin
Nikolay \n(i)-ko-lay\ as a boy's name is of Greek origin, and the meaning of Nikolay is "people of victory". Nikolay is a variant of Nicholas (Greek); biblical: one of seven "qualified men" in the first-century Christian congregation.
Nikolay is not a popular first name for males and an equally uncommon surname or last name for all people (2000 U.S. Census).
Displayed below is a comparison of the popularity of the boy name Nikolay and its variant forms. Popular variation forms ranked in the Top 1000/100 are Nicholas (#57), Nikolai (#536) and Nicola. (2014 statistics).
A suggested similar baby name is Nikolas. Like Nikolay, this name is not commonly used.