Mauritanian Ouguiya

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Related to ouguiya: Khoums, Mauritanian ouguiya

Mauritanian Ouguiya

The currency of Mauritania. It was introduced in 1973, when Mauritania left the CFA franc currency zone. It is one of only two currencies not based on factors of 10; each ouguiya is divided into five khoums.
References in periodicals archive ?
The EU stated : "Following the allocation of more than 400 million ouguiyas last October, during the initial phase intended to help 25 communes by financing local development activity, ten new communes will receive 155 million ouguiyas.
2 billion ouguiyas worth of project was largely funded by the Arab Fund for Economic and Social Development.