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Nigerian Naira Nigerian Naira to Mauritanian Ouguiya | Bank

Live exchange rate for Nigerian Naira to Mauritanian Ouguiya at Bank, Friday, 25.04.2025 11:57

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The Nigerian Naira (NGN) is the official currency of Nigeria. It was introduced in 1973 to replace the Nigerian pound. The currency is regulated by the Central Bank of Nigeria. The term "Naira" is derived from the word "Nigeria", while "kobo", its subunit, means "penny" in Hausa language.

The Mauritanian Ouguiya (MRU) is the official currency of Mauritania. It is issued by the Central Bank of Mauritania. The Ouguiya plays a vital role in the Mauritanian economy, particularly in trade and commerce sectors.