Convert Mauritanian Ouguiya to Chinese Yuan
Please provide values below to convert Mauritanian Ouguiya [MRU] to Chinese Yuan [CNY], or Convert Chinese Yuan to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Chinese Yuan
1 MRU = 5.57037315825423 CNY
Example: convert 15 MRU to CNY:
15 MRU = 15 × 5.57037315825423 CNY = 83.5555973738134 CNY
Mauritanian Ouguiya to Chinese Yuan Conversion Table
| Mauritanian Ouguiya | Chinese Yuan |
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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).
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).