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1000 Ouguiya
| Issuer | Banque Centrale de Mauritanie |
|---|---|
| Year | 1989 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | البنك المركزي الموريتاني ألف أوقية 28.11.1989 المحافظ أمين الصندوق العام |
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| Protection type | Watermark |
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| Comments |
Mauritania's ouguiya, introduced in 1973 when the country broke from the West African CFA franc zone, was from the outset managed by a central bank with limited reserves and persistent inflationary pressure. By 1989 the 1000-ouguiya denomination was the highest in circulation, a position it had held through a decade of drought, debt restructuring, and a difficult post-independence economy heavily dependent on iron ore exports from Zouerate.
Giesecke & Devrient had handled Mauritanian note production from early in the series. The P#7A watermark security was modest for the denomination — a vulnerability that would eventually necessitate the redesigned issues of the 1990s.