Convert Chinese Yuan to Mauritanian Ouguiya
Please provide values below to convert Chinese Yuan [CNY] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Chinese Yuan.
How to Convert Chinese Yuan to Mauritanian Ouguiya
1 CNY = 0.179521186748179 MRU
Example: convert 15 CNY to MRU:
15 CNY = 15 × 0.179521186748179 MRU = 2.69281780122268 MRU
Chinese Yuan to Mauritanian Ouguiya Conversion Table
| Chinese Yuan | Mauritanian Ouguiya |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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).