Mauritanian ouguiya
| ISO 4217 | |
|---|---|
| Code | MRU (numeric: 929) before 2017: MRO |
| Subunit | 0.01 |
| Unit | |
| Plural | ouguiya |
| Symbol | UM |
| Denominations | |
| Subunit | |
| 1⁄5 | khoums |
| Banknotes | 20, 50, 100, 200, 500, 1000 ouguiya |
| Coins | |
| Freq. used | 1, 2, 5, 10, 20 ouguiya |
| Rarely used | 1 khoums |
| Demographics | |
| User(s) | Mauritania Sahrawi Arab Democratic Republic |
| Issuance | |
| Central bank | Banque Centrale de Mauritanie |
| Website | www |
| Printer | Canadian Bank Note Company |
| Website | cbnco |
| Valuation | |
| Inflation | 2.2% |
| Source | The World Factbook, 2019 est. |
The ouguiya (Arabic: أوقية موريتانية (IPA: [u.ɡij.jə]); sign: UM; code: MRU), at one time spelled "ougiya", is the currency of Mauritania. Each ouguiya constitutes five khoums (meaning "one fifth").
The current ouguiya was introduced in 2018, replacing the old ouguiya at a rate of 1 new ouguiya = 10 old ouguiya, which in turn replaced the CFA franc at a rate of 1 old ouguiya = 5 francs. The name ouguiya (أوقية) is the Hassaniya Arabic pronunciation of uqiyyah أُوقِية), meaning "ounce".