Fast and transparent student payments to Southeast Asia: What you should know
Key takeaways Handling student payments to Southeast Asia can feel complex. Tuition fees, deposits and…
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, issued by the Central Bank of Mauritania. The current ouguiya (MRU) was introduced in 2018, replacing the old ouguiya (MRO) at a rate of 1 MRU = 10 MRO. Unlike most world currencies, which are divided into 100 subunits, the ouguiya is subdivided into 5 khoums. The Mauritanian economy is driven by mining, agriculture, and fishing, but the country has faced inflation and currency depreciation. Banknotes are available in denominations ranging from MRU 50 to MRU 1,000, while coins circulate in values from 1 to 20 ouguiya.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.