Ouguiya financial definition of ouguiya
Mauritanian Ouguiya (redirected from ouguiya)
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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.