Convert Kuwaiti Dinar to Mauritanian Ouguiya
Please provide values below to convert Kuwaiti Dinar [KWD] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Mauritanian Ouguiya
1 KWD = 0.00764239401621068 MRU
Example: convert 15 KWD to MRU:
15 KWD = 15 × 0.00764239401621068 MRU = 0.11463591024316 MRU
Kuwaiti Dinar to Mauritanian Ouguiya Conversion Table
| Kuwaiti Dinar | Mauritanian Ouguiya |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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).