🇳🇬 NGN to 🇲🇷 MRU — Nigerian Naira to Mauritanian Ouguiya (UM) Rate Today
Live indicative interbank rate. Last refreshed 25 Jun 2026 01:22:20 UTC.
Convert Nigerian Naira to Mauritanian Ouguiya using the live indicative interbank rate and the converter below. Covers the cost of sending to Mauritania via the major mobile money apps.
Currency converter
NGN → MRU conversion table
| NGN | MRU |
|---|---|
| 500 | 14.65 |
| 1,000 | 29.29 |
| 2,000 | 58.59 |
| 5,000 | 146.47 |
| 10,000 | 292.95 |
| 25,000 | 732.37 |
| 50,000 | 1,464.75 |
| 100,000 | 2,929.49 |
| 250,000 | 7,323.72 |
| 500,000 | 14,647.45 |
| 1,000,000 | 29,294.90 |
Table computed at the indicative rate of 1 NGN = 0.02929 MRU. Real operator-side values include a 1%-4% spread.
Nigerian Naira to Mauritanian Ouguiya exchange rate history
Official vs Parallel Market Rate
Tracks live P2P (via Bybit)Parallel signal: Binance P2P USDT median, updated 25 Jun 2026, 01:00 (less than 1h ago). The quote tracks the live official rate between refreshes.
The parallel rate shown is an indicative, community-aggregated figure sourced from MomoCalc parallel-rate tracker. MomoCalc does not buy, sell, or set currency rates. Parallel rates vary by location, dealer, and time of day, and trading outside licensed channels may carry legal and security risks. Always confirm current rates with a licensed dealer before transacting. Educational only — not financial advice.
What moves the Nigerian Naira rate
The naira has been on a managed float since the 2023 NAFEM unification, which erased most of the old official-vs-parallel gap (30%-60% pre-2023, now 1%-3%). Watch CBN interventions, oil receipts and the parallel-market premium — that is what moves the rate day to day.
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 Nigerian Naira
The Nigerian Naira (NGN, ₦) is the official currency of Nigeria, issued by the Central Bank of Nigeria (CBN) since 1973 when it replaced the Nigerian pound. Subdivided into 100 kobo, the Naira is one of Africa's most-traded currencies and the principal medium of exchange for the continent's largest economy. Since the CBN's 2023 unification of the parallel and official exchange rate windows through what it calls the NAFEM mechanism, the Naira has traded under market-driven pricing rather than the previous administered peg. Nigeria receives an estimated 20 billion USD a year in formal remittances, and for inbound flows to MTN MoMo PSB, OPay, PalmPay and Moniepoint the published Naira rate is now typically within 1%-3% of the parallel market — a sharp narrowing compared to the 30%-60% gaps that prevailed before unification.
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.
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FAQ
What is the NGN/MRU exchange rate today?
How much is 100 NGN in MRU?
What's the best way to send Nigerian Naira to Mauritania?
Is the Mauritanian Ouguiya a stable currency?
Why is the rate I see on my mobile money operator different?
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 Mauritania, see the inbound transfer comparison.