Mauritanian Ouguiya to Euro — exchange rate

Country of Circulation: Mauritania, Sahrawi Republic

Currency Code, Symbol: MRU, UM

Denominations of coins in circulation: 1, 2, 5, 10, 20 ouguiya

Denominations of banknotes in circulation: 50, 100, 200, 500, 1000 ouguiya

History: The Mauritanian ouguiya (UM) is the official currency of a North African country named Mauritania. In international currency exchange, it is named MRO. Khoums are coins of smaller denomination used as change.Every MRO has 5 khoums. It its current form and value, the currency has been issued since 2018. It has replaced the old Mauritanian ouguiya with a low rate. Images of traditional items are used to decorate the Mauritanian ouguiya. There are kettles, fish, cows, and camels imprinted on coins.Read More

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More