Convert Mauritanian Ouguiya to Mozambican Metical
Please provide values below to convert Mauritanian Ouguiya [MRU] to Mozambican Metical [MZN], or Convert Mozambican Metical to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Mozambican Metical
1 MRU = 0.628102096277563 MZN
Example: convert 15 MRU to MZN:
15 MRU = 15 × 0.628102096277563 MZN = 9.42153144416345 MZN
Mauritanian Ouguiya to Mozambican Metical Conversion Table
| Mauritanian Ouguiya | Mozambican Metical |
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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).
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.