Mauritanian Ouguiya

Mauritanian Ouguiya

The ouguiya (sign: UM; Arabic: أوقية‎; currency code: MRU), also spelled "ougiya", is the currency of Mauritania. Each ouguiya constitutes five khoums (singular and plural in English, Arabic: خمس‎, meaning "one fifth"). As such it is one of two circulating currencies, along with the Malagasy ariary, whose division units are not based on a power of ten. The current ouguiya was introduced in 2018, replacing the old ouguiya at a rate of 1 new ouguiya = 10 old ouguiya, which in turn replaced the CFA franc at a rate of 1 old ouguiya = 5 francs. The name "Ouguiya" (أوقية) is the Hassaniya Arabic pronunciation of "Awqiyyah" (أُوقِية), meaning "ounce".

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

255 Mauritanian Ouguiya to Australian Dollar exchange rates chart

255 MRO to AUD exchange rates graph
255 MRO to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

255 MRO to AUD exchange rates table

Exchange MRO to AUD
255 Mauritanian Ouguiya = 1.000 Australian Dollar
510 Mauritanian Ouguiya = 2.000 Australian Dollar
1275 Mauritanian Ouguiya = 5.000 Australian Dollar
2550 Mauritanian Ouguiya = 10.000 Australian Dollar
Exchange Mauritanian Ouguiya to Australian Dollar
255 Mauritanian Ouguiya to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

255 MRO to AUD exchange rates news

Kinross reports 2018 third-quarter results

On track to meet company-wide annual production and cost guidance. Tasiast Phase One commissioning complete; construction of U.S. and Russia.

indicative neutral
Reform in the Sahel: Mars, Mauritius or Mauritania? | Daily Maverick

Plans are afoot to extract more value and better integrate fishing into the Mauritanian economy. Doing so will require a break from the past – including making considerable investment in infrastructure, implanting a new set of policies, and ensuring a new way of doing things. The sector is a key test for a country which could, if it walks its own talk, become a regional exemplar. By GREG MILLS.

conditional positive
Australian dollar slides
Australian dollar slides

Aussie dollar falls against the greenback.

indicative neutral
$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

conditional neutral
Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

indicative neutral

255 MRO to AUD currency converter