Catalog
500 Ouguiya
| Issuer | Banque Centrale de Mauritanie |
|---|---|
| Year | 1999-2002 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Protection description | Watermark visible when held to light; embedded security thread running vertically through the note. |
| Variants | P#8a - 28.11.1999 P#8b - 28.11.2001 P#8c - 28.11.2002 |
| Comments |
Mauritania's ouguiya is one of the few currencies in the world not decimalized — it divides into 5 khoums, a unit rooted in the old West African practice of counting in fifths. The Banque Centrale de Mauritanie had Giesecke & Devrient produce this series through a period of chronic inflation and IMF structural adjustment pressure, when the 500 ouguiya note carried genuine purchasing weight in the local economy.
G&D's Leipzig plant has supplied Mauritania across multiple series. The security package here — thread and watermark only — reflects the relatively modest specification tier the BCM contracted for this issue.