Convert Philippine Peso to Mauritanian Ouguiya
Please provide values below to convert Philippine Peso [PHP] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Philippine Peso.
How to Convert Philippine Peso to Mauritanian Ouguiya
1 PHP = 1.42493612570162 MRU
Example: convert 15 PHP to MRU:
15 PHP = 15 × 1.42493612570162 MRU = 21.3740418855242 MRU
Philippine Peso to Mauritanian Ouguiya Conversion Table
| Philippine Peso | Mauritanian Ouguiya |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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).