Tags: Currency.
The ouguiya (sign: UM; Arabic: أوقية; currency code: MRO) also spelt ougiya is the currency of Mauritania. It is the only circulating currency other than the Malagasy ariary whose division units are not based on a power of ten each ouguiya comprising five khoums (singular and plural in English Arabic: خمس meaning one fifth).The ouguiya was introduced in 1973 replacing the CFA franc at a rate of 1 ouguiya = 5 francs.
