Mauritanian ouguiya
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1 MRO = 0.004 AUD
1 AUD = 260.065 MRO
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1 MRO = 3.323 ARS
1 ARS = 0.301 MRO
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1 MRO = 7.461 BIF
1 BIF = 0.134 MRO
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1 MRO = 0.001 BHD
1 BHD = 1061.356 MRO
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1 MRO = 0.017 BOB
1 BOB = 58.264 MRO
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1 MRO = 0.004 AZN
1 AZN = 234.747 MRO
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1 MRO = 0.219 BTN
1 BTN = 4.563 MRO
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1 MRO = 1.269 CRC
1 CRC = 0.788 MRO
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1 MRO = 0.053 CZK
1 CZK = 19.028 MRO
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1 MRO = 0.018 CNY
1 CNY = 55.569 MRO
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1 MRO = 0.016 DKK
1 DKK = 62.359 MRO
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1 MRO = 0.347 ETB
1 ETB = 2.885 MRO
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1 MRO = 21.747 GNF
1 GNF = 0.046 MRO
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1 MRO = 0.016 HRK
1 HRK = 61.770 MRO
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1 MRO = 40.868 IDR
1 IDR = 0.024 MRO
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1 MRO = 0.399 JMD
1 JMD = 2.507 MRO
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1 MRO = 0.219 KGS
1 KGS = 4.562 MRO
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1 MRO = 0.004 BAM
1 BAM = 237.952 MRO
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1 MRO = 0.004 ANG
1 ANG = 223.343 MRO
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1 MRO = 0.036 BWP
1 BWP = 27.989 MRO
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1 MRO = 0.003 BND
1 BND = 310.899 MRO
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1 MRO = 7.297 CDF
1 CDF = 0.137 MRO
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1 MRO = 0.005 BZD
1 BZD = 198.710 MRO
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1 MRO = 82.817 BYR
1 BYR = 0.012 MRO
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1 MRO = 0.004 BGN
1 BGN = 237.952 MRO
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1 MRO = 0.003 CAD
1 CAD = 290.338 MRO
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1 MRO = 0.325 DZD
1 DZD = 3.074 MRO
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1 MRO = 0.038 ERN
1 ERN = 26.605 MRO
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1 MRO = 0.122 EGP
1 EGP = 8.221 MRO
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1 MRO = 0.006 FJD
1 FJD = 177.018 MRO
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1 MRO = 0.002 GBP
1 GBP = 536.334 MRO
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1 MRO = 0.002 FKP
1 FKP = 536.334 MRO
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1 MRO = 0.019 GTQ
1 GTQ = 52.259 MRO
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1 MRO = 0.020 HKD
1 HKD = 50.839 MRO
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1 MRO = 0.853 HUF
1 HUF = 1.173 MRO
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1 MRO = 3.282 IQD
1 IQD = 0.305 MRO
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1 MRO = 105.645 IRR
1 IRR = 0.009 MRO
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1 MRO = 1.057 KMF
1 KMF = 0.946 MRO
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1 MRO = 3.471 KRW
1 KRW = 0.288 MRO
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1 MRO = 0.209 ALL
1 ALL = 4.784 MRO
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1 MRO = 0.305 BDT
1 BDT = 3.283 MRO
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1 MRO = 0.004 AWG
1 AWG = 222.944 MRO
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1 MRO = 0.014 BRL
1 BRL = 73.650 MRO
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1 MRO = 0.000 BCH
1 BCH = 231344.928 MRO
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1 MRO = 0.000 BTC
1 BTC = 44341111.111 MRO
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1 MRO = 0.009 AED
1 AED = 108.664 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 = 399.070 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 = 120.747 MRO
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1 MRO = 10.143 COP
1 COP = 0.099 MRO
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1 MRO = 0.060 CUP
1 CUP = 16.787 MRO
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1 MRO = 0.000 ETH
1 ETH = 1552801.556 MRO
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1 MRO = 0.002 EUR
1 EUR = 465.409 MRO
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1 MRO = 0.066 HNL
1 HNL = 15.211 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 = 536.334 MRO
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1 MRO = 0.325 HTG
1 HTG = 3.076 MRO
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1 MRO = 0.002 JOD
1 JOD = 562.863 MRO
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1 MRO = 0.369 JPY
1 JPY = 2.710 MRO
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1 MRO = 0.171 AFN
1 AFN = 5.837 MRO
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1 MRO = 0.005 BBD
1 BBD = 199.535 MRO
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1 MRO = 0.003 BMD
1 BMD = 399.070 MRO
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1 MRO = 0.962 AMD
1 AMD = 1.039 MRO
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1 MRO = 0.002 CHF
1 CHF = 494.602 MRO
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1 MRO = 0.446 DJF
1 DJF = 2.242 MRO
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1 MRO = 0.153 DOP
1 DOP = 6.542 MRO
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1 MRO = 0.237 CVE
1 CVE = 4.221 MRO
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1 MRO = 0.007 GEL
1 GEL = 147.897 MRO
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1 MRO = 0.026 GHS
1 GHS = 37.819 MRO
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1 MRO = 0.524 GYD
1 GYD = 1.908 MRO
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1 MRO = 0.009 ILS
1 ILS = 116.772 MRO
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1 MRO = 0.219 INR
1 INR = 4.563 MRO
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1 MRO = 0.307 ISK
1 ISK = 3.259 MRO
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1 MRO = 10.038 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 = 1305.900 MRO
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1 MRO = 1.351 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 = 44.150 MRO
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1 MRO = 5.261 MMK
1 MMK = 0.190 MRO
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1 MRO = 8.976 MNT
1 MNT = 0.111 MRO
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1 MRO = 0.114 MUR
1 MUR = 8.790 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 = 25.843 MRO
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1 MRO = 4.348 MWK
1 MWK = 0.230 MRO
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1 MRO = 0.004 NZD
1 NZD = 237.811 MRO
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1 MRO = 0.351 NPR
1 NPR = 2.850 MRO
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1 MRO = 0.143 PHP
1 PHP = 7.000 MRO
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1 MRO = 0.711 PKR
1 PKR = 1.407 MRO
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1 MRO = 3.617 RWF
1 RWF = 0.276 MRO
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1 MRO = 0.000 LTC
1 LTC = 48655.206 MRO
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1 MRO = 0.047 MXN
1 MXN = 21.430 MRO
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1 MRO = 0.092 NIO
1 NIO = 10.845 MRO
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1 MRO = 0.011 RON
1 RON = 91.770 MRO
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1 MRO = 2.255 KPW
1 KPW = 0.443 MRO
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1 MRO = 0.002 KYD
1 KYD = 479.807 MRO
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1 MRO = 224.773 LBP
1 LBP = 0.004 MRO
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1 MRO = 0.014 LYD
1 LYD = 73.358 MRO
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1 MRO = 54.072 LAK
1 LAK = 0.018 MRO
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1 MRO = 11.055 MGA
1 MGA = 0.090 MRO
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1 MRO = 0.503 LRD
1 LRD = 1.989 MRO
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1 MRO = 0.132 MKD
1 MKD = 7.568 MRO
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1 MRO = 0.044 LSL
1 LSL = 22.518 MRO
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1 MRO = 0.020 MOP
1 MOP = 49.358 MRO
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1 MRO = 0.043 MDL
1 MDL = 23.473 MRO
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1 MRO = 0.044 NAD
1 NAD = 22.518 MRO
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1 MRO = 0.011 MYR
1 MYR = 94.276 MRO
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1 MRO = 0.001 OMR
1 OMR = 1037.003 MRO
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1 MRO = 3.834 NGN
1 NGN = 0.261 MRO
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1 MRO = 0.011 PGK
1 PGK = 94.705 MRO
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1 MRO = 0.003 PAB
1 PAB = 399.070 MRO
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1 MRO = 0.009 PEN
1 PEN = 112.477 MRO
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1 MRO = 0.026 NOK
1 NOK = 39.021 MRO
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1 MRO = 0.009 PLN
1 PLN = 109.400 MRO
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1 MRO = 18.568 PYG
1 PYG = 0.054 MRO
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1 MRO = 0.009 QAR
1 QAR = 109.635 MRO
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1 MRO = 0.021 SBD
1 SBD = 47.552 MRO
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1 MRO = 0.009 SAR
1 SAR = 106.419 MRO
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1 MRO = 0.003 SGD
1 SGD = 310.899 MRO
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1 MRO = 56.932 SLL
1 SLL = 0.018 MRO
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1 MRO = 0.081 THB
1 THB = 12.344 MRO
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1 MRO = 0.075 TWD
1 TWD = 13.379 MRO
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1 MRO = 0.104 UAH
1 UAH = 9.622 MRO
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1 MRO = 8.941 UGX
1 UGX = 0.112 MRO
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1 MRO = 0.093 SRD
1 SRD = 10.727 MRO
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1 MRO = 53.342 STD
1 STD = 0.019 MRO
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1 MRO = 0.102 TRY
1 TRY = 9.797 MRO
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1 MRO = 0.017 TTD
1 TTD = 59.096 MRO
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1 MRO = 0.006 TOP
1 TOP = 166.543 MRO
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1 MRO = 31.526 UZS
1 UZS = 0.032 MRO
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1 MRO = 0.602 YER
1 YER = 1.660 MRO
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1 MRO = 0.044 ZAR
1 ZAR = 22.518 MRO
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1 MRO = 0.252 RSD
1 RSD = 3.972 MRO
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1 MRO = 0.199 RUB
1 RUB = 5.036 MRO
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1 MRO = 1.411 SOS
1 SOS = 0.709 MRO
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1 MRO = 0.022 SVC
1 SVC = 45.608 MRO
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1 MRO = 32.580 SYP
1 SYP = 0.031 MRO
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1 MRO = 0.044 SZL
1 SZL = 22.518 MRO
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1 MRO = 0.007 TND
1 TND = 138.388 MRO
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1 MRO = 0.101 UYU
1 UYU = 9.946 MRO
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1 MRO = 65.681 VND
1 VND = 0.015 MRO
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1 MRO = 0.300 VUV
1 VUV = 3.330 MRO
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1 MRO = 0.007 WST
1 WST = 144.711 MRO
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1 MRO = 1.409 XAF
1 XAF = 0.710 MRO
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1 MRO = 0.007 XCD
1 XCD = 147.405 MRO
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1 MRO = 0.037 SCR
1 SCR = 26.719 MRO
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1 MRO = 0.024 SEK
1 SEK = 41.704 MRO
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1 MRO = 0.002 SHP
1 SHP = 536.334 MRO
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1 MRO = 6.214 TZS
1 TZS = 0.161 MRO
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1 MRO = 0.003 USD
1 USD = 399.070 MRO
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1 MRO = 0.256 XPF
1 XPF = 3.900 MRO
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1 MRO = 1.409 XOF
1 XOF = 0.710 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.