Convert Mauritanian Ouguiya to Turkish Lira
Please provide values below to convert Mauritanian Ouguiya [MRU] to Turkish Lira [TRY], or Convert Turkish Lira to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Turkish Lira
1 MRU = 0.988145605788228 TRY
Example: convert 15 MRU to TRY:
15 MRU = 15 × 0.988145605788228 TRY = 14.8221840868234 TRY
Mauritanian Ouguiya to Turkish Lira Conversion Table
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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).
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.