Mauritanian ouguiya
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1 MRO = 0.004 AUD
1 AUD = 260.042 MRO
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1 MRO = 3.327 ARS
1 ARS = 0.301 MRO
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1 MRO = 7.454 BIF
1 BIF = 0.134 MRO
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1 MRO = 0.001 BHD
1 BHD = 1061.330 MRO
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1 MRO = 0.017 BOB
1 BOB = 58.158 MRO
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1 MRO = 0.004 AZN
1 AZN = 234.741 MRO
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1 MRO = 0.219 BTN
1 BTN = 4.564 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 = 19.026 MRO
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1 MRO = 0.018 CNY
1 CNY = 55.572 MRO
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1 MRO = 0.016 DKK
1 DKK = 62.356 MRO
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1 MRO = 0.347 ETB
1 ETB = 2.885 MRO
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1 MRO = 21.749 GNF
1 GNF = 0.046 MRO
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1 MRO = 0.016 HRK
1 HRK = 61.793 MRO
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1 MRO = 40.842 IDR
1 IDR = 0.024 MRO
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1 MRO = 0.400 JMD
1 JMD = 2.501 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 = 238.046 MRO
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1 MRO = 0.004 ANG
1 ANG = 223.651 MRO
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1 MRO = 0.035 BWP
1 BWP = 28.192 MRO
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1 MRO = 0.003 BND
1 BND = 310.988 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 = 198.666 MRO
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1 MRO = 82.819 BYR
1 BYR = 0.012 MRO
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1 MRO = 0.004 BGN
1 BGN = 238.046 MRO
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1 MRO = 0.003 CAD
1 CAD = 290.289 MRO
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1 MRO = 0.325 DZD
1 DZD = 3.073 MRO
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1 MRO = 0.038 ERN
1 ERN = 26.604 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 = 176.653 MRO
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1 MRO = 0.002 GBP
1 GBP = 536.414 MRO
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1 MRO = 0.002 FKP
1 FKP = 536.414 MRO
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1 MRO = 0.019 GTQ
1 GTQ = 52.210 MRO
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1 MRO = 0.020 HKD
1 HKD = 50.840 MRO
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1 MRO = 0.852 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 = 105.638 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 = 3.468 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 = 222.939 MRO
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1 MRO = 0.014 BRL
1 BRL = 73.554 MRO
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1 MRO = 0.000 BCH
1 BCH = 231473.318 MRO
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1 MRO = 0.000 BTC
1 BTC = 44340000.000 MRO
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1 MRO = 0.009 AED
1 AED = 108.662 MRO
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1 MRO = 2.297 AOA
1 AOA = 0.435 MRO
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1 MRO = 0.003 BSD
1 BSD = 399.060 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 = 120.744 MRO
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1 MRO = 10.144 COP
1 COP = 0.099 MRO
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1 MRO = 0.060 CUP
1 CUP = 16.767 MRO
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1 MRO = 0.000 ETH
1 ETH = 1546744.186 MRO
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1 MRO = 0.002 EUR
1 EUR = 465.577 MRO
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1 MRO = 0.066 HNL
1 HNL = 15.225 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 = 536.414 MRO
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1 MRO = 0.325 HTG
1 HTG = 3.077 MRO
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1 MRO = 0.002 JOD
1 JOD = 562.849 MRO
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1 MRO = 0.369 JPY
1 JPY = 2.713 MRO
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1 MRO = 0.173 AFN
1 AFN = 5.778 MRO
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1 MRO = 0.005 BBD
1 BBD = 199.530 MRO
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1 MRO = 0.003 BMD
1 BMD = 399.060 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 = 494.584 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 = 6.544 MRO
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1 MRO = 0.237 CVE
1 CVE = 4.222 MRO
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1 MRO = 0.007 GEL
1 GEL = 147.882 MRO
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1 MRO = 0.026 GHS
1 GHS = 37.833 MRO
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1 MRO = 0.524 GYD
1 GYD = 1.907 MRO
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1 MRO = 0.009 ILS
1 ILS = 116.742 MRO
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1 MRO = 0.219 INR
1 INR = 4.564 MRO
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1 MRO = 0.307 ISK
1 ISK = 3.259 MRO
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1 MRO = 10.041 KHR
1 KHR = 0.100 MRO
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1 MRO = 0.324 KES
1 KES = 3.085 MRO
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1 MRO = 0.001 KWD
1 KWD = 1307.493 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 = 44.154 MRO
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1 MRO = 5.262 MMK
1 MMK = 0.190 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 = 8.795 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 = 4.350 MWK
1 MWK = 0.230 MRO
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1 MRO = 0.004 NZD
1 NZD = 237.720 MRO
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1 MRO = 0.351 NPR
1 NPR = 2.851 MRO
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1 MRO = 0.143 PHP
1 PHP = 6.988 MRO
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1 MRO = 0.710 PKR
1 PKR = 1.408 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 = 48713.379 MRO
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1 MRO = 0.047 MXN
1 MXN = 21.439 MRO
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1 MRO = 0.092 NIO
1 NIO = 10.854 MRO
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1 MRO = 0.011 RON
1 RON = 91.797 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 = 480.552 MRO
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1 MRO = 224.741 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 = 11.060 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 = 7.563 MRO
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1 MRO = 0.044 LSL
1 LSL = 22.508 MRO
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1 MRO = 0.020 MOP
1 MOP = 49.359 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 = 22.508 MRO
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1 MRO = 0.011 MYR
1 MYR = 94.265 MRO
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1 MRO = 0.001 OMR
1 OMR = 1037.193 MRO
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1 MRO = 3.839 NGN
1 NGN = 0.261 MRO
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1 MRO = 0.010 PGK
1 PGK = 96.233 MRO
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1 MRO = 0.003 PAB
1 PAB = 399.060 MRO
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1 MRO = 0.009 PEN
1 PEN = 112.446 MRO
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1 MRO = 0.026 NOK
1 NOK = 39.024 MRO
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1 MRO = 0.009 PLN
1 PLN = 109.332 MRO
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1 MRO = 18.605 PYG
1 PYG = 0.054 MRO
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1 MRO = 0.009 QAR
1 QAR = 109.632 MRO
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1 MRO = 0.021 SBD
1 SBD = 47.531 MRO
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1 MRO = 0.009 SAR
1 SAR = 106.416 MRO
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1 MRO = 0.003 SGD
1 SGD = 310.988 MRO
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1 MRO = 56.934 SLL
1 SLL = 0.018 MRO
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1 MRO = 0.081 THB
1 THB = 12.352 MRO
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1 MRO = 0.075 TWD
1 TWD = 13.385 MRO
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1 MRO = 0.104 UAH
1 UAH = 9.621 MRO
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1 MRO = 8.943 UGX
1 UGX = 0.112 MRO
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1 MRO = 0.093 SRD
1 SRD = 10.738 MRO
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1 MRO = 53.293 STD
1 STD = 0.019 MRO
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1 MRO = 0.102 TRY
1 TRY = 9.821 MRO
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1 MRO = 0.017 TTD
1 TTD = 59.100 MRO
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1 MRO = 0.006 TOP
1 TOP = 166.747 MRO
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1 MRO = 31.527 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 = 22.508 MRO
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1 MRO = 0.252 RSD
1 RSD = 3.973 MRO
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1 MRO = 0.199 RUB
1 RUB = 5.035 MRO
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1 MRO = 1.412 SOS
1 SOS = 0.708 MRO
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1 MRO = 0.022 SVC
1 SVC = 45.607 MRO
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1 MRO = 32.583 SYP
1 SYP = 0.031 MRO
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1 MRO = 0.044 SZL
1 SZL = 22.508 MRO
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1 MRO = 0.007 TND
1 TND = 138.399 MRO
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1 MRO = 0.101 UYU
1 UYU = 9.946 MRO
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1 MRO = 65.675 VND
1 VND = 0.015 MRO
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1 MRO = 0.302 VUV
1 VUV = 3.316 MRO
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1 MRO = 0.007 WST
1 WST = 146.605 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 = 147.456 MRO
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1 MRO = 0.036 SCR
1 SCR = 27.979 MRO
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1 MRO = 0.024 SEK
1 SEK = 41.682 MRO
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1 MRO = 0.002 SHP
1 SHP = 536.414 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 = 399.060 MRO
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1 MRO = 0.256 XPF
1 XPF = 3.902 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.