Mauritanian ouguiya
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1 MRO = 0.004 AUD
1 AUD = 259.273 MRO
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1 MRO = 3.333 ARS
1 ARS = 0.300 MRO
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1 MRO = 7.460 BIF
1 BIF = 0.134 MRO
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1 MRO = 0.001 BHD
1 BHD = 1060.745 MRO
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1 MRO = 0.017 BOB
1 BOB = 58.075 MRO
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1 MRO = 0.004 AZN
1 AZN = 234.612 MRO
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1 MRO = 0.219 BTN
1 BTN = 4.559 MRO
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1 MRO = 1.270 CRC
1 CRC = 0.788 MRO
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1 MRO = 0.053 CZK
1 CZK = 18.974 MRO
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1 MRO = 0.018 CNY
1 CNY = 55.540 MRO
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1 MRO = 0.016 DKK
1 DKK = 62.207 MRO
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1 MRO = 0.347 ETB
1 ETB = 2.883 MRO
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1 MRO = 21.725 GNF
1 GNF = 0.046 MRO
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1 MRO = 0.016 HRK
1 HRK = 61.619 MRO
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1 MRO = 40.917 IDR
1 IDR = 0.024 MRO
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1 MRO = 0.399 JMD
1 JMD = 2.506 MRO
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1 MRO = 0.219 KGS
1 KGS = 4.560 MRO
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1 MRO = 0.004 BAM
1 BAM = 237.377 MRO
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1 MRO = 0.004 ANG
1 ANG = 223.202 MRO
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1 MRO = 0.036 BWP
1 BWP = 28.105 MRO
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1 MRO = 0.003 BND
1 BND = 310.430 MRO
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1 MRO = 7.301 CDF
1 CDF = 0.137 MRO
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1 MRO = 0.005 BZD
1 BZD = 198.695 MRO
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1 MRO = 82.867 BYR
1 BYR = 0.012 MRO
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1 MRO = 0.004 BGN
1 BGN = 237.377 MRO
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1 MRO = 0.003 CAD
1 CAD = 290.023 MRO
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1 MRO = 0.325 DZD
1 DZD = 3.072 MRO
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1 MRO = 0.038 ERN
1 ERN = 26.589 MRO
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1 MRO = 0.122 EGP
1 EGP = 8.216 MRO
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1 MRO = 0.006 FJD
1 FJD = 176.697 MRO
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1 MRO = 0.002 GBP
1 GBP = 535.650 MRO
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1 MRO = 0.002 FKP
1 FKP = 535.650 MRO
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1 MRO = 0.019 GTQ
1 GTQ = 52.199 MRO
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1 MRO = 0.020 HKD
1 HKD = 50.808 MRO
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1 MRO = 0.855 HUF
1 HUF = 1.170 MRO
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1 MRO = 3.284 IQD
1 IQD = 0.304 MRO
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1 MRO = 105.845 IRR
1 IRR = 0.009 MRO
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1 MRO = 1.060 KMF
1 KMF = 0.944 MRO
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1 MRO = 3.476 KRW
1 KRW = 0.288 MRO
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1 MRO = 0.210 ALL
1 ALL = 4.770 MRO
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1 MRO = 0.305 BDT
1 BDT = 3.282 MRO
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1 MRO = 0.004 AWG
1 AWG = 222.816 MRO
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1 MRO = 0.014 BRL
1 BRL = 73.119 MRO
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1 MRO = 0.000 BCH
1 BCH = 230011.534 MRO
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1 MRO = 0.000 BTC
1 BTC = 44315555.556 MRO
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1 MRO = 0.009 AED
1 AED = 108.602 MRO
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1 MRO = 2.298 AOA
1 AOA = 0.435 MRO
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1 MRO = 0.003 BSD
1 BSD = 398.840 MRO
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1 MRO = 2.432 CLP
1 CLP = 0.411 MRO
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1 MRO = 0.008 BYN
1 BYN = 120.674 MRO
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1 MRO = 10.146 COP
1 COP = 0.099 MRO
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1 MRO = 0.060 CUP
1 CUP = 16.746 MRO
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1 MRO = 0.000 ETH
1 ETH = 1534000.000 MRO
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1 MRO = 0.002 EUR
1 EUR = 464.264 MRO
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1 MRO = 0.066 HNL
1 HNL = 15.217 MRO
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1 MRO = 0.182 GMD
1 GMD = 5.492 MRO
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1 MRO = 0.002 GIP
1 GIP = 535.650 MRO
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1 MRO = 0.326 HTG
1 HTG = 3.068 MRO
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1 MRO = 0.002 JOD
1 JOD = 562.539 MRO
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1 MRO = 0.369 JPY
1 JPY = 2.707 MRO
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1 MRO = 0.173 AFN
1 AFN = 5.770 MRO
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1 MRO = 0.005 BBD
1 BBD = 199.420 MRO
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1 MRO = 0.003 BMD
1 BMD = 398.840 MRO
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1 MRO = 0.963 AMD
1 AMD = 1.039 MRO
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1 MRO = 0.002 CHF
1 CHF = 493.993 MRO
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1 MRO = 0.446 DJF
1 DJF = 2.241 MRO
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1 MRO = 0.153 DOP
1 DOP = 6.542 MRO
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1 MRO = 0.238 CVE
1 CVE = 4.210 MRO
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1 MRO = 0.007 GEL
1 GEL = 147.801 MRO
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1 MRO = 0.026 GHS
1 GHS = 37.758 MRO
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1 MRO = 0.525 GYD
1 GYD = 1.906 MRO
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1 MRO = 0.009 ILS
1 ILS = 116.416 MRO
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1 MRO = 0.219 INR
1 INR = 4.559 MRO
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1 MRO = 0.308 ISK
1 ISK = 3.251 MRO
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1 MRO = 10.042 KHR
1 KHR = 0.100 MRO
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1 MRO = 0.324 KES
1 KES = 3.083 MRO
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1 MRO = 0.001 KWD
1 KWD = 1305.788 MRO
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1 MRO = 1.352 KZT
1 KZT = 0.740 MRO
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1 MRO = 0.754 LKR
1 LKR = 1.327 MRO
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1 MRO = 0.023 MAD
1 MAD = 44.090 MRO
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1 MRO = 5.263 MMK
1 MMK = 0.190 MRO
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1 MRO = 8.982 MNT
1 MNT = 0.111 MRO
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1 MRO = 0.114 MUR
1 MUR = 8.783 MRO
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1 MRO = 1.000 MRO
1 MRO = 1.000 MRO
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1 MRO = 0.039 MVR
1 MVR = 25.828 MRO
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1 MRO = 4.352 MWK
1 MWK = 0.230 MRO
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1 MRO = 0.004 NZD
1 NZD = 237.038 MRO
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1 MRO = 0.351 NPR
1 NPR = 2.848 MRO
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1 MRO = 0.143 PHP
1 PHP = 6.980 MRO
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1 MRO = 0.710 PKR
1 PKR = 1.408 MRO
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1 MRO = 3.621 RWF
1 RWF = 0.276 MRO
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1 MRO = 0.000 LTC
1 LTC = 48338.383 MRO
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1 MRO = 0.047 MXN
1 MXN = 21.334 MRO
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1 MRO = 0.092 NIO
1 NIO = 10.848 MRO
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1 MRO = 0.011 RON
1 RON = 91.538 MRO
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1 MRO = 2.257 KPW
1 KPW = 0.443 MRO
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1 MRO = 0.002 KYD
1 KYD = 480.287 MRO
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1 MRO = 224.897 LBP
1 LBP = 0.004 MRO
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1 MRO = 0.014 LYD
1 LYD = 73.318 MRO
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1 MRO = 54.133 LAK
1 LAK = 0.018 MRO
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1 MRO = 11.069 MGA
1 MGA = 0.090 MRO
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1 MRO = 0.503 LRD
1 LRD = 1.988 MRO
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1 MRO = 0.132 MKD
1 MKD = 7.550 MRO
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1 MRO = 0.045 LSL
1 LSL = 22.418 MRO
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1 MRO = 0.020 MOP
1 MOP = 49.328 MRO
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1 MRO = 0.043 MDL
1 MDL = 23.472 MRO
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1 MRO = 0.045 NAD
1 NAD = 22.418 MRO
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1 MRO = 0.011 MYR
1 MYR = 94.206 MRO
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1 MRO = 0.001 OMR
1 OMR = 1036.891 MRO
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1 MRO = 3.841 NGN
1 NGN = 0.260 MRO
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1 MRO = 0.010 PGK
1 PGK = 96.294 MRO
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1 MRO = 0.003 PAB
1 PAB = 398.840 MRO
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1 MRO = 0.009 PEN
1 PEN = 112.413 MRO
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1 MRO = 0.026 NOK
1 NOK = 38.938 MRO
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1 MRO = 0.009 PLN
1 PLN = 109.143 MRO
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1 MRO = 18.611 PYG
1 PYG = 0.054 MRO
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1 MRO = 0.009 QAR
1 QAR = 109.571 MRO
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1 MRO = 0.021 SBD
1 SBD = 46.933 MRO
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1 MRO = 0.009 SAR
1 SAR = 106.357 MRO
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1 MRO = 0.003 SGD
1 SGD = 310.430 MRO
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1 MRO = 56.997 SLL
1 SLL = 0.018 MRO
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1 MRO = 0.081 THB
1 THB = 12.335 MRO
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1 MRO = 0.075 TWD
1 TWD = 13.365 MRO
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1 MRO = 0.104 UAH
1 UAH = 9.614 MRO
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1 MRO = 8.946 UGX
1 UGX = 0.112 MRO
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1 MRO = 0.093 SRD
1 SRD = 10.720 MRO
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1 MRO = 53.418 STD
1 STD = 0.019 MRO
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1 MRO = 0.102 TRY
1 TRY = 9.817 MRO
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1 MRO = 0.017 TTD
1 TTD = 59.018 MRO
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1 MRO = 0.006 TOP
1 TOP = 165.604 MRO
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1 MRO = 31.506 UZS
1 UZS = 0.032 MRO
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1 MRO = 0.603 YER
1 YER = 1.659 MRO
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1 MRO = 0.045 ZAR
1 ZAR = 22.418 MRO
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1 MRO = 0.252 RSD
1 RSD = 3.963 MRO
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1 MRO = 0.199 RUB
1 RUB = 5.034 MRO
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1 MRO = 1.411 SOS
1 SOS = 0.708 MRO
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1 MRO = 0.022 SVC
1 SVC = 45.582 MRO
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1 MRO = 32.602 SYP
1 SYP = 0.031 MRO
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1 MRO = 0.045 SZL
1 SZL = 22.418 MRO
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1 MRO = 0.007 TND
1 TND = 138.155 MRO
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1 MRO = 0.101 UYU
1 UYU = 9.939 MRO
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1 MRO = 65.696 VND
1 VND = 0.015 MRO
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1 MRO = 0.302 VUV
1 VUV = 3.314 MRO
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1 MRO = 0.007 WST
1 WST = 149.659 MRO
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1 MRO = 1.413 XAF
1 XAF = 0.708 MRO
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1 MRO = 0.007 XCD
1 XCD = 147.375 MRO
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1 MRO = 0.036 SCR
1 SCR = 27.415 MRO
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1 MRO = 0.024 SEK
1 SEK = 41.585 MRO
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1 MRO = 0.002 SHP
1 SHP = 535.650 MRO
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1 MRO = 6.209 TZS
1 TZS = 0.161 MRO
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1 MRO = 0.003 USD
1 USD = 398.840 MRO
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1 MRO = 0.257 XPF
1 XPF = 3.890 MRO
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1 MRO = 1.413 XOF
1 XOF = 0.708 MRO
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Evolution of the MRO Exchange Rate
The Mauritanian ouguiya (MRO) exchange rate has experienced significant fluctuations over time. Since its introduction in 1973, the MRO has undergone several devaluations as a result of economic imbalances and external shocks. The exchange rate has generally been on a depreciating trend against major currencies.
Variations in the MRO Exchange Rate
The MRO exchange rate has been subject to various factors that have led to fluctuations. These include changes in commodity prices, such as oil and iron ore, which are major exports for Mauritania. Political instability, fiscal deficits, and changes in monetary policy have also influenced the MRO exchange rate. In recent years, efforts have been made to stabilize the exchange rate through currency pegs and monetary interventions.
Significance of MRO in the Global Economy
The MRO's role in the global economy is relatively limited. Mauritania is a small, low-income country with a small economy and a relatively small share of global trade. As such, the MRO has minimal impact on global financial markets and exchange rates. However, it plays a vital role in the regional economy, particularly within the West African Economic and Monetary Union (WAEMU), where it is used alongside other currencies.
Shocks Experienced by MRO and Correlation with Other Currencies
The MRO has been subject to various economic shocks, both internal and external. External shocks, such as changes in global commodity prices or fluctuations in major currencies, can significantly impact the MRO exchange rate. Internally, political instability, economic mismanagement, and fiscal challenges have also led to volatility in the MRO exchange rate.
In terms of correlation with other currencies, the MRO is generally more closely tied to the regional currencies of the WAEMU, such as the West African CFA franc. Its correlation with major global currencies, such as the US dollar or the euro, is more limited due to its relatively lower significance in global trade and financial markets.