Convert Swiss Franc to Mauritanian Ouguiya
Please provide values below to convert Swiss Franc [CHF] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Swiss Franc.
How to Convert Swiss Franc to Mauritanian Ouguiya
1 CHF = 0.0198917452635425 MRU
Example: convert 15 CHF to MRU:
15 CHF = 15 × 0.0198917452635425 MRU = 0.298376178953137 MRU
Swiss Franc to Mauritanian Ouguiya Conversion Table
Swiss Franc | Mauritanian Ouguiya |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency 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).