Convert Mauritanian Ouguiya to Mongolian Tugrik
Please provide values below to convert Mauritanian Ouguiya [MRU] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Mongolian Tugrik
1 MRU = 0.0112575642398371 MNT
Example: convert 15 MRU to MNT:
15 MRU = 15 × 0.0112575642398371 MNT = 0.168863463597557 MNT
Mauritanian Ouguiya to Mongolian Tugrik Conversion Table
Mauritanian Ouguiya | Mongolian Tugrik |
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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).
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.