Convert Mauritanian Ouguiya to Argentine Peso
Please provide values below to convert Mauritanian Ouguiya [MRU] to Argentine Peso [ARS], or Convert Argentine Peso to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Argentine Peso
1 MRU = 0.0315607698808217 ARS
Example: convert 15 MRU to ARS:
15 MRU = 15 × 0.0315607698808217 ARS = 0.473411548212325 ARS
Mauritanian Ouguiya to Argentine Peso Conversion Table
| Mauritanian Ouguiya | Argentine Peso |
|---|
Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.