Convert Mauritanian Ouguiya to Philippine Peso
Please provide values below to convert Mauritanian Ouguiya [MRU] to Philippine Peso [PHP], or Convert Philippine Peso to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Philippine Peso
1 MRU = 0.701785842861985 PHP
Example: convert 15 MRU to PHP:
15 MRU = 15 × 0.701785842861985 PHP = 10.5267876429298 PHP
Mauritanian Ouguiya to Philippine Peso Conversion Table
| Mauritanian Ouguiya | Philippine Peso |
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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).
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.