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ouguiyas
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Definitions of ouguiyas in various dictionaries:
noun - the basic unit of money in Mauritania
noun - a monetary unit of Mauritania
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The ouguiya (sign: UM; Arabic: أوقية; currency code: MRU), also spelled "ougiya", is the currency of Mauritania. Each ouguiya constitutes five khoums (singular and plural in English, Arabic: خمس, meaning "one fifth"). As such it is one of two circulating currencies, along with the Malagasy ariary, whose division units are not based on a power of ten. * The current ouguiya was introduced in 2018, replacing the old ouguiya at a rate of 1 new ouguiya = 10 old ouguiya, which in turn replaced the CFA franc at a rate of 1 old ouguiya = 5 francs. * The name "Ouguiya" (أوقية) is the Hassaniya Arabic pronunciation of "Awqiyyah" (أُوقِية), meaning "ounce". |