Mauritanian Ouguiya
(MRU) Insights
Currency of Saharan West African nation; iron ore (60% of exports), gold, and fisheries; 2018 – New ouguiya (10:1 redenomination of old MRO); growing offshore gas discovery (GTA project with Senegal); significant Chinese investment; Arab League and African Union member
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Currency Snapshot
Technical specifications, central bank governance, and market standing for Mauritanian Ouguiya.
MRU
Standardized ISO 4217 Currency Code
UM
Unicode Glyphs & Display Symbol
1/5 = Khoum Decimals
Subdivision unit definition
Mauritania
Central Bank of Mauritania (BCM)
Central Bank of Mauritania (BCM)
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Market-determined exchange rate mechanism
Currency Standard: Fiat
Classified as Fiat in global trade networks
Banknotes
UM 1
Coins
1/5 khoum
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Mauritanian Ouguiya, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Central Bank of Mauritania (BCM).
MRU Market Insights
Deep-dive analysis of the Mauritanian Ouguiya's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower iron ore revenues; lower inflation
Weak Currency Impact
Higher iron ore and gas revenues; GTA project transforms economy; higher import costs
Remittance Role
Mauritania receives modest remittances from diaspora in France, Senegal; workers in Gulf states
Central Bank Tools
Policy Rate, Reserve Requirements, FX interventions
Common Questions About Mauritanian Ouguiya
Everything you need to know about MRU exchange rates, banknotes, and historical significance.