01/01/2022: Planned Introduction of New Banknotes
Mauritania plans to introduce a new series of banknotes with modern security features and improved durability to enhance the overall quality and functionality of the currency.
01/07/2020: Replacement of Commemorative Banknote
A new 20,000 MRO commemorative banknote was issued to mark the 60th anniversary of independence, replacing the older version. It showcases significant historical landmarks and figures.
01/10/2018: New Banknotes and Coins
Mauritania introduced a new series of banknotes and coins denominated in Ouguiya, featuring enhanced security features and updated designs to combat counterfeiting.
01/03/2018: Redenomination of the Aruban florin
Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.
01/01/2018: Floating of the Ouguiya
The Mauritanian Ouguiya transitioned from a fixed exchange rate regime to a floating exchange rate system. The currency's value is now determined by market forces within a managed float.
01/01/2011: Introduction of polymer banknotes
Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.
01/05/2004: Redenomination of the Ouguiya
The Mauritanian Ouguiya underwent a redenomination, where 1 new MRO was equivalent to 10 old MRO. This measure aimed to simplify transactions and improve economic stability.
01/01/2003: Replacement of older banknotes
Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.
01/01/2000: Adoption of new currency symbol
The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.
01/01/1993: Currency reform
A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.
01/01/1990: Introduction of the guilders coins
Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.
01/01/1986: Introduction of the Aruban florin
The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.
01/06/1978: Decentralization of Currency Issuance
The Central Bank of Mauritania granted the Banque Centrale de Mauritanie (BCM) the authority to issue and control the Mauritanian Ouguiya, decentralizing currency issuance.
01/11/1973: Introduction of the Mauritanian Ouguiya
The Mauritanian Ouguiya (MRO) was introduced as the official currency of Mauritania, replacing the CFA franc. It was initially pegged to the French franc at a rate of 1 MRO = 5.5 FRF.