Convert New Zealand Dollar to Mauritanian Ouguiya
Please provide values below to convert New Zealand Dollar [NZD] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to New Zealand Dollar.
How to Convert New Zealand Dollar to Mauritanian Ouguiya
1 NZD = 0.0417654080322712 MRU
Example: convert 15 NZD to MRU:
15 NZD = 15 × 0.0417654080322712 MRU = 0.626481120484068 MRU
New Zealand Dollar to Mauritanian Ouguiya Conversion Table
| New Zealand Dollar | Mauritanian Ouguiya |
|---|
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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).