Convert Mauritanian Ouguiya to Thai Baht
Please provide values below to convert Mauritanian Ouguiya [MRU] to Thai Baht [THB], or Convert Thai Baht to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Thai Baht
1 MRU = 1.24054872937919 THB
Example: convert 15 MRU to THB:
15 MRU = 15 × 1.24054872937919 THB = 18.6082309406878 THB
Mauritanian Ouguiya to Thai Baht Conversion Table
| Mauritanian Ouguiya | Thai Baht |
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Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.