INFORMATION ABOUT MAURITANIA OUGUIYA
We show the updated today’s value/price of Mauritania ouguiya (MRO).You can get the exchange from Mauritania ouguiya to another currency by introducing the value or amount of Mauritania ouguiya (MRO) in the box and clicking the convert button. This way you can get the Mauritania ouguiya’s price in relation to other currencies.
INTRODUCTION TO THE MAURITANIA OUGUIYA
The ouguiya (أوقية, arabic) is the official currency of Mauritania introduced in 1973, replacing the CFA franc. It is used by approximately 3 million seven hundred thousand people. You can check the today value of the Mauritania ouguiya and check its price.
The ouguiya is the only legal tender, along with the ariary of Madagascar which has a fractional currency not based on a ten multiple, since the ouguiya is divided into 5 jums.
The Central Bank of Mauritania is a public organization created in 1973. It is the issuer of the official currency, fix the exchange rate of the currency and it formulates proposes to fix the monetary policy and its accomplishment. It is also responsible for manage the reserves and the public treasure and supervise and control the financial system.
Countries that used the currency: Mauritania
Bills: 100, 200, 500, 1000, 2000, 5000 UM
Coins: jums = 1/5 of 1 UM. 1/5 and 1 UM (disused). 5, 10, 20, 50 UM
Issuing Agent: Central Bank of Mauritania Web: http://www.bcm.mr/