Mauritanian ouguiya
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1 MRO = 0.004 AUD
1 AUD = 260.984 MRO
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1 MRO = 3.709 ARS
1 ARS = 0.270 MRO
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1 MRO = 7.351 BIF
1 BIF = 0.136 MRO
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1 MRO = 0.001 BHD
1 BHD = 1065.106 MRO
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1 MRO = 0.017 BOB
1 BOB = 58.005 MRO
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1 MRO = 0.004 AZN
1 AZN = 235.576 MRO
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1 MRO = 0.219 BTN
1 BTN = 4.561 MRO
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1 MRO = 1.254 CRC
1 CRC = 0.797 MRO
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1 MRO = 0.052 CZK
1 CZK = 19.119 MRO
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1 MRO = 0.018 CNY
1 CNY = 56.227 MRO
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1 MRO = 0.016 DKK
1 DKK = 62.255 MRO
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1 MRO = 0.377 ETB
1 ETB = 2.655 MRO
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1 MRO = 21.665 GNF
1 GNF = 0.046 MRO
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1 MRO = 0.016 HRK
1 HRK = 61.721 MRO
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1 MRO = 41.463 IDR
1 IDR = 0.024 MRO
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1 MRO = 0.401 JMD
1 JMD = 2.496 MRO
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1 MRO = 0.218 KGS
1 KGS = 4.579 MRO
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1 MRO = 0.004 BAM
1 BAM = 237.772 MRO
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1 MRO = 0.004 ANG
1 ANG = 222.477 MRO
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1 MRO = 0.035 BWP
1 BWP = 28.451 MRO
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1 MRO = 0.003 BND
1 BND = 308.394 MRO
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1 MRO = 5.690 CDF
1 CDF = 0.176 MRO
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1 MRO = 0.005 BZD
1 BZD = 199.066 MRO
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1 MRO = 85.018 BYR
1 BYR = 0.012 MRO
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1 MRO = 0.004 BGN
1 BGN = 237.772 MRO
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1 MRO = 0.003 CAD
1 CAD = 286.180 MRO
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1 MRO = 0.326 DZD
1 DZD = 3.070 MRO
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1 MRO = 0.037 ERN
1 ERN = 26.699 MRO
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1 MRO = 0.119 EGP
1 EGP = 8.424 MRO
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1 MRO = 0.006 FJD
1 FJD = 174.205 MRO
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1 MRO = 0.002 GBP
1 GBP = 533.340 MRO
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1 MRO = 0.002 FKP
1 FKP = 533.340 MRO
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1 MRO = 0.019 GTQ
1 GTQ = 52.302 MRO
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1 MRO = 0.019 HKD
1 HKD = 51.534 MRO
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1 MRO = 0.840 HUF
1 HUF = 1.190 MRO
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1 MRO = 3.275 IQD
1 IQD = 0.305 MRO
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1 MRO = 104.961 IRR
1 IRR = 0.010 MRO
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1 MRO = 1.058 KMF
1 KMF = 0.945 MRO
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1 MRO = 3.589 KRW
1 KRW = 0.279 MRO
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1 MRO = 0.208 ALL
1 ALL = 4.813 MRO
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1 MRO = 0.305 BDT
1 BDT = 3.274 MRO
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1 MRO = 0.004 AWG
1 AWG = 223.732 MRO
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1 MRO = 0.013 BRL
1 BRL = 74.417 MRO
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1 MRO = 0.000 BCH
1 BCH = 19507.063 MRO
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1 MRO = 0.000 BTC
1 BTC = 44497777.778 MRO
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1 MRO = 0.009 AED
1 AED = 109.048 MRO
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1 MRO = 2.285 AOA
1 AOA = 0.438 MRO
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1 MRO = 0.002 BSD
1 BSD = 400.480 MRO
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1 MRO = 2.364 CLP
1 CLP = 0.423 MRO
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1 MRO = 0.009 BYN
1 BYN = 117.622 MRO
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1 MRO = 9.690 COP
1 COP = 0.103 MRO
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1 MRO = 0.060 CUP
1 CUP = 16.703 MRO
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1 MRO = 0.000 ETH
1 ETH = 1570509.804 MRO
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1 MRO = 0.002 EUR
1 EUR = 465.036 MRO
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1 MRO = 0.066 HNL
1 HNL = 15.243 MRO
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1 MRO = 0.182 GMD
1 GMD = 5.482 MRO
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1 MRO = 0.002 GIP
1 GIP = 533.340 MRO
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1 MRO = 0.327 HTG
1 HTG = 3.060 MRO
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1 MRO = 0.002 JOD
1 JOD = 564.852 MRO
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1 MRO = 0.381 JPY
1 JPY = 2.624 MRO
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1 MRO = 0.166 AFN
1 AFN = 6.033 MRO
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1 MRO = 0.005 BBD
1 BBD = 200.240 MRO
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1 MRO = 0.002 BMD
1 BMD = 400.480 MRO
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1 MRO = 0.952 AMD
1 AMD = 1.050 MRO
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1 MRO = 0.002 CHF
1 CHF = 503.375 MRO
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1 MRO = 0.445 DJF
1 DJF = 2.249 MRO
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1 MRO = 0.159 DOP
1 DOP = 6.276 MRO
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1 MRO = 0.237 CVE
1 CVE = 4.217 MRO
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1 MRO = 0.007 GEL
1 GEL = 147.089 MRO
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1 MRO = 0.027 GHS
1 GHS = 37.081 MRO
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1 MRO = 0.522 GYD
1 GYD = 1.916 MRO
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1 MRO = 0.008 ILS
1 ILS = 121.712 MRO
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1 MRO = 0.219 INR
1 INR = 4.561 MRO
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1 MRO = 0.306 ISK
1 ISK = 3.270 MRO
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1 MRO = 10.077 KHR
1 KHR = 0.099 MRO
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1 MRO = 0.322 KES
1 KES = 3.102 MRO
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1 MRO = 0.001 KWD
1 KWD = 1306.154 MRO
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1 MRO = 1.342 KZT
1 KZT = 0.745 MRO
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1 MRO = 0.757 LKR
1 LKR = 1.322 MRO
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1 MRO = 0.023 MAD
1 MAD = 43.365 MRO
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1 MRO = 5.243 MMK
1 MMK = 0.191 MRO
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1 MRO = 8.978 MNT
1 MNT = 0.111 MRO
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1 MRO = 0.114 MUR
1 MUR = 8.797 MRO
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1 MRO = 1.000 MRO
1 MRO = 1.000 MRO
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1 MRO = 0.038 MVR
1 MVR = 25.995 MRO
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1 MRO = 4.333 MWK
1 MWK = 0.231 MRO
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1 MRO = 0.004 NZD
1 NZD = 230.439 MRO
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1 MRO = 0.351 NPR
1 NPR = 2.849 MRO
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1 MRO = 0.146 PHP
1 PHP = 6.832 MRO
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1 MRO = 0.705 PKR
1 PKR = 1.417 MRO
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1 MRO = 3.619 RWF
1 RWF = 0.276 MRO
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1 MRO = 0.000 LTC
1 LTC = 37927.834 MRO
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1 MRO = 0.046 MXN
1 MXN = 21.768 MRO
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1 MRO = 0.092 NIO
1 NIO = 10.894 MRO
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1 MRO = 0.011 RON
1 RON = 91.471 MRO
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1 MRO = 2.247 KPW
1 KPW = 0.445 MRO
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1 MRO = 0.002 KYD
1 KYD = 481.804 MRO
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1 MRO = 223.789 LBP
1 LBP = 0.004 MRO
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1 MRO = 0.014 LYD
1 LYD = 73.619 MRO
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1 MRO = 54.136 LAK
1 LAK = 0.018 MRO
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1 MRO = 11.175 MGA
1 MGA = 0.089 MRO
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1 MRO = 0.457 LRD
1 LRD = 2.190 MRO
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1 MRO = 0.133 MKD
1 MKD = 7.545 MRO
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1 MRO = 0.043 LSL
1 LSL = 23.136 MRO
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1 MRO = 0.020 MOP
1 MOP = 50.033 MRO
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1 MRO = 0.042 MDL
1 MDL = 23.609 MRO
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1 MRO = 0.043 NAD
1 NAD = 23.136 MRO
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1 MRO = 0.011 MYR
1 MYR = 94.699 MRO
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1 MRO = 0.001 OMR
1 OMR = 1040.667 MRO
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1 MRO = 3.650 NGN
1 NGN = 0.274 MRO
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1 MRO = 0.010 PGK
1 PGK = 95.287 MRO
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1 MRO = 0.002 PAB
1 PAB = 400.480 MRO
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1 MRO = 0.008 PEN
1 PEN = 118.028 MRO
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1 MRO = 0.025 NOK
1 NOK = 40.120 MRO
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1 MRO = 0.009 PLN
1 PLN = 109.959 MRO
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1 MRO = 17.656 PYG
1 PYG = 0.057 MRO
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1 MRO = 0.009 QAR
1 QAR = 110.022 MRO
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1 MRO = 0.021 SBD
1 SBD = 47.261 MRO
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1 MRO = 0.009 SAR
1 SAR = 106.795 MRO
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1 MRO = 0.003 SGD
1 SGD = 308.394 MRO
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1 MRO = 57.708 SLL
1 SLL = 0.017 MRO
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1 MRO = 0.082 THB
1 THB = 12.217 MRO
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1 MRO = 0.077 TWD
1 TWD = 13.014 MRO
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1 MRO = 0.105 UAH
1 UAH = 9.562 MRO
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1 MRO = 8.714 UGX
1 UGX = 0.115 MRO
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1 MRO = 0.099 SRD
1 SRD = 10.076 MRO
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1 MRO = 53.072 STD
1 STD = 0.019 MRO
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1 MRO = 0.105 TRY
1 TRY = 9.540 MRO
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1 MRO = 0.017 TTD
1 TTD = 59.043 MRO
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1 MRO = 0.006 TOP
1 TOP = 166.735 MRO
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1 MRO = 30.227 UZS
1 UZS = 0.033 MRO
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1 MRO = 0.597 YER
1 YER = 1.676 MRO
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1 MRO = 0.043 ZAR
1 ZAR = 23.136 MRO
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1 MRO = 0.252 RSD
1 RSD = 3.968 MRO
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1 MRO = 0.203 RUB
1 RUB = 4.928 MRO
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1 MRO = 1.420 SOS
1 SOS = 0.704 MRO
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1 MRO = 0.022 SVC
1 SVC = 45.769 MRO
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1 MRO = 27.609 SYP
1 SYP = 0.036 MRO
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1 MRO = 0.043 SZL
1 SZL = 23.136 MRO
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1 MRO = 0.007 TND
1 TND = 136.343 MRO
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1 MRO = 0.099 UYU
1 UYU = 10.072 MRO
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1 MRO = 65.747 VND
1 VND = 0.015 MRO
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1 MRO = 0.305 VUV
1 VUV = 3.283 MRO
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1 MRO = 0.007 WST
1 WST = 142.692 MRO
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1 MRO = 1.411 XAF
1 XAF = 0.709 MRO
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1 MRO = 0.007 XCD
1 XCD = 147.921 MRO
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1 MRO = 0.035 SCR
1 SCR = 28.445 MRO
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1 MRO = 0.023 SEK
1 SEK = 42.604 MRO
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1 MRO = 0.002 SHP
1 SHP = 533.340 MRO
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1 MRO = 6.207 TZS
1 TZS = 0.161 MRO
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1 MRO = 0.002 USD
1 USD = 400.480 MRO
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1 MRO = 0.257 XPF
1 XPF = 3.897 MRO
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1 MRO = 1.411 XOF
1 XOF = 0.709 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.