Catalog
20 Ouguiya
| Issuer | Banque Centrale de Mauritanie |
|---|---|
| Year | 2004-2005 |
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| In circulation to | 30 June 2018 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | 2004 20 OUGUIYA BANQUE CENTRALE DE MAURITANIE |
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| Additional information |
Mauritania's currency has operated outside the CFA franc zone since independence in 1973, when the ouguiya replaced the CFA franc at a rate of 5 ouguiya to 1 khoum — the khoum being one-fifth of an ouguiya, making Mauritania one of the very few countries whose subunit is worth less than one-fifth of the base unit by design. The nickel plated steel composition of this issue replaced an earlier nickel-brass version, a cost-driven change that also slightly altered the coin's magnetic properties and surface character.