Convert Mauritanian Ouguiya to Cuban Peso
Please provide values below to convert Mauritanian Ouguiya [MRU] to Cuban Peso [CUP], or Convert Cuban Peso to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Cuban Peso
1 MRU = 1.66505416666667 CUP
Example: convert 15 MRU to CUP:
15 MRU = 15 × 1.66505416666667 CUP = 24.9758125 CUP
Mauritanian Ouguiya to Cuban Peso Conversion Table
| Mauritanian Ouguiya | Cuban 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).
Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.