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Mauritanian Ouguiya · MRU

UM symbol · 1 country currently using this currency.

Currency info

Adopted: 2018

Currency family: Other

The ouguiya is one of the few currencies still subdivided into five units rather than ten or one hundred, reflecting traditional Islamic monetary practices.

  • Introduced in 1973, replacing the Mauritanian franc at a rate of 5 ouguiya to 1 franc
  • Subdivided into 5 khoums, reflecting Islamic monetary tradition
  • Redenominated in 2018 with new banknotes and coins to combat counterfeiting
  • Named after a historical unit of weight used in West African trade
  • Managed by the Central Bank of Mauritania since its establishment

Countries currently using this currency

Flag of Mauritania
Mauritania

Related

Other Other currencies

Afghan Afghani (AFN)Albanian lek (ALL)Algerian Dinar (DZD)Angolan Kwanza (AOA)Armenian Dram (AMD)Azerbaijani Manat (AZN)Bahraini dinar (BHD)Bangladeshi taka (BDT)Belarusian ruble (BYN)Boliviano (BOB)Botswana pula (BWP)Brazilian Real (BRL)

Historical predecessor

Mauritanian franc