Convert Saudi Riyal to Mauritanian Ouguiya
Please provide values below to convert Saudi Riyal [SAR] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Saudi Riyal.
How to Convert Saudi Riyal to Mauritanian Ouguiya
1 SAR = 0.0938407909652589 MRU
Example: convert 15 SAR to MRU:
15 SAR = 15 × 0.0938407909652589 MRU = 1.40761186447888 MRU
Saudi Riyal to Mauritanian Ouguiya Conversion Table
Saudi Riyal | Mauritanian Ouguiya |
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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.
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).