Convert Mauritanian Ouguiya to Chinese Yuan (Offshore)
Please provide values below to convert Mauritanian Ouguiya [MRU] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Chinese Yuan (Offshore)
1 MRU = 5.57222256540072 CNH
Example: convert 15 MRU to CNH:
15 MRU = 15 × 5.57222256540072 CNH = 83.5833384810108 CNH
Mauritanian Ouguiya to Chinese Yuan (Offshore) Conversion Table
| Mauritanian Ouguiya | Chinese Yuan (Offshore) |
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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).
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.