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.
07/10/2019: Modernization of Banknotes
The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.
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.
01/01/2018: 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.
27/01/2009: Currency Crisis
Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.
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.
15/06/1997: Monetary Integration
Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.
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.
15/03/1967: Introduction of the New Lempira
A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.
03/09/1950: Devaluation of the Lempira
The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.
11/10/1940: Monetary Reforms
Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.
07/03/1931: Creation of the Lempira
The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.