Convert Mauritanian Ouguiya to Saudi Riyal
Please provide values below to convert Mauritanian Ouguiya [MRU] to Saudi Riyal [SAR], or Convert Saudi Riyal to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Saudi Riyal
1 MRU = 10.6563466666667 SAR
Example: convert 15 MRU to SAR:
15 MRU = 15 × 10.6563466666667 SAR = 159.8452 SAR
Mauritanian Ouguiya to Saudi Riyal Conversion Table
Mauritanian Ouguiya | Saudi Riyal |
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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).
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.