Convert Mauritanian Ouguiya to Mexican Peso
Please provide values below to convert Mauritanian Ouguiya [MRU] to Mexican Peso [MXN], or Convert Mexican Peso to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Mexican Peso
1 MRU = 2.14336361978524 MXN
Example: convert 15 MRU to MXN:
15 MRU = 15 × 2.14336361978524 MXN = 32.1504542967786 MXN
Mauritanian Ouguiya to Mexican Peso 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).
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.