Convert Mauritanian Ouguiya to Gibraltar Pound
Please provide values below to convert Mauritanian Ouguiya [MRU] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Gibraltar Pound
1 MRU = 53.9798730244496 GIP
Example: convert 15 MRU to GIP:
15 MRU = 15 × 53.9798730244496 GIP = 809.698095366743 GIP
Mauritanian Ouguiya to Gibraltar Pound Conversion Table
| Mauritanian Ouguiya | Gibraltar Pound |
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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).
Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.