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🇲🇷 MRU to 🇪🇺 EURMauritanian Ouguiya (UM) to Euro Rate Today

Live indicative interbank rate. Last refreshed 25 Jun 2026 00:00:05 UTC.

Convert Mauritanian Ouguiya to Euro using the live indicative interbank rate and the converter below. Covers the cost of sending to Eurozone via the major mobile money apps.

LiveUpdated 2026-06-25 · Computed by inverse
1 MRU = 0.02183 EUR

Currency converter

You convert
🇲🇷MRU
Receives
🇪🇺2.18EUR
1 MRU = 0.02183 EUR · Updated 2026-06-25 00:00

MRU → EUR conversion table

MRUEUR
10.02
50.11
100.22
200.44
501.09
1002.18
2004.37
50010.92
1,00021.83
2,00043.67
5,000109.17
10,000218.34

Table computed at the indicative rate of 1 MRU = 0.02183 EUR. Real operator-side values include a 1%-4% spread.

Mauritanian Ouguiya to Euro exchange rate history

Building rate history — check back soon.

What moves the Mauritanian Ouguiya rate

The Mauritanian ouguiya is driven by iron ore, its leading export, alongside a major fishing sector and contributions from gold and copper. These natural resources set most of the supply of foreign currency, so the exchange rate responds to extracted volumes and world commodity prices. When iron prices or fish catches slip, foreign-currency earnings contract. To anticipate the ouguiya, follow iron-ore output and prices, fishing activity and the flows of gold and copper, because it is this resource bounty that governs the foreign-currency liquidity of a largely extractive economy. Resource revenue, more than any domestic policy lever, sets how much hard currency reaches the market.

Converting and sending the Mauritanian Ouguiya: what to know

The ouguiya was redenominated in 2018, with ten old units exchanged for one new one, so current notes reflect that change. It is unusual in being subdivided into five khoums rather than into hundredths, a quirk worth noting on local pricing. As a managed currency in a resource-dependent economy, its conditions are tied to how resource revenue is running. For senders and receivers, the main practical points are to use the post-2018 denominations, be aware of the five-khoum subdivision, and recognise that the currency is steered rather than freely floating in a market shaped by commodities.

About the Mauritanian Ouguiya

The Mauritanian ouguiya, issued by the Banque Centrale de Mauritanie, is one of the world's few currencies not built on a power of ten: it is subdivided into five khoums rather than into hundredths. In 2018 the unit was redenominated, with ten old ouguiya exchanged for one new one, streamlining prices after years of erosion. Mauritania, straddling the Sahara and the Atlantic, draws its export earnings chiefly from iron ore and from a rich fishing sector off its coast. Those two resource streams supply much of the foreign currency that backs the ouguiya and shape its everyday strength.

About the Euro

The Euro (EUR, €) is the official currency of 20 European Union member states and the anchor of one of the most consequential fixed-peg arrangements in African monetary history. The Euro is issued by the European Central Bank in Frankfurt and is the second-largest reserve currency after the USD. Two African monetary unions — the West African Economic and Monetary Union (UEMOA / XOF) and the Central African Economic and Monetary Community (CEMAC / XAF) — peg their CFA francs to the EUR at the fixed rate of 655.957 CFA = 1 EUR. The peg has been in continuous operation since the 1999 introduction of the Euro, and replaced the prior French franc peg. For diaspora remitters in France, Belgium, Italy, Spain, Portugal and Germany, the EUR is the dominant send currency for the WAEMU and CEMAC routes.

Related pairs

FAQ

What is the MRU/EUR exchange rate today?
The indicative rate is 1 MRU = 0.02183 EUR, updated 2026-06-25. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 MRU in EUR?
100 MRU ≈ 2.18 EUR at the indicative rate. For 100 MRU: 2.18 EUR. Use the converter above to try other amounts.
What's the best way to send Mauritanian Ouguiya to Eurozone?
For MRU to Eurozone transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the Euro a stable currency?
The Euro (EUR, €) is the official currency of 20 European Union member states and the anchor of one of the most consequential fixed-peg arrangements in African monetary history. The Euro is issued by the European Central Bank in Frankfurt and is the second-largest reserve currency after the USD.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Eurozone, see the inbound transfer comparison.