Convert Mauritanian Ouguiya to Canadian Dollar
Please provide values below to convert Mauritanian Ouguiya [MRU] to Canadian Dollar [CAD], or Convert Canadian Dollar to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Canadian Dollar
1 MRU = 29.3293944954128 CAD
Example: convert 15 MRU to CAD:
15 MRU = 15 × 29.3293944954128 CAD = 439.940917431193 CAD
Mauritanian Ouguiya to Canadian Dollar Conversion Table
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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).
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.