Convert Moroccan Dirham to Mauritanian Ouguiya
Please provide values below to convert Moroccan Dirham [MAD] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Moroccan Dirham.
How to Convert Moroccan Dirham to Mauritanian Ouguiya
1 MAD = 0.225425599267291 MRU
Example: convert 15 MAD to MRU:
15 MAD = 15 × 0.225425599267291 MRU = 3.38138398900937 MRU
Moroccan Dirham to Mauritanian Ouguiya Conversion Table
| Moroccan Dirham | Mauritanian Ouguiya |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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).