Back to Glossary
General TradingM
Mauritanian Ouguiyas (MRU)
The Mauritanian Ouguiya is the official currency of Mauritania, abbreviated as MRU in forex markets. It was redenominated in 2018, with 10 old ouguiya equaling 1 new ouguiya.
Example
“An investor evaluating West African markets might reference MRU exchange rates when assessing Mauritania's mining and fishing industries.”