Mauritania Currency

The Mauritania Currency decreased to 297.50 in April from 298.50 in March of 2014. Mauritania Currency averaged 256.79 from 1997 until 2014, reaching an all time high of 315.50 in October of 2013 and a record low of 146.32 in June of 1997. The USDMRO spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDMRO spot exchange rate is quoted and exchanged in the same day, the USDMRO forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Mauritania Currency - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
297.50 298.50 315.50 146.32 295.53 | 2014/05 1997 - 2014 Daily

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Mauritania                               Currency
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Markets Last Previous Highest Lowest Forecast Unit
Currency 297.50 2014-04-17 298.50 315.50 146.32 295.53 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Mauritania Inflation Rate at 4.10 Percent  
The inflation rate in Mauritania was recorded at 4.10 percent in February of 2014. Inflation Rate in Mauritania is reported by the ONS, Mauritania.
Mauritania Interest Rate at 9.00 Percent  
The benchmark interest rate in Mauritania was last recorded at 9 percent. Interest Rate in Mauritania is reported by the Central Bank of Mauritania.
Mauritania Personal Income Tax Rate at 33.00 percent  
The Personal Income Tax Rate in Mauritania stands at 33 percent. Personal Income Tax Rate in Mauritania is reported by the Ministry of Finance.
Mauritania Industrial Production at 5.60 Percent  
Industrial Production in Mauritania increased 5.60 percent in the fourth quarter of 2013 over the same quarter in the previous year. Industrial Production in Mauritania is reported by the ONS, Mauritania.
Mauritania Government Debt To GDP at 62.10 Percent  
Mauritania recorded a Government Debt to GDP of 62.10 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Mauritania is reported by the Central Bank of Mauritania.
Mauritania Current Account to GDP at -18.50 Percent  
Mauritania recorded a Current Account deficit of 18.50 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Mauritania is reported by the Central Bank of Mauritania.
Mauritania Corporate Tax Rate at 25.00 percent  
The Corporate Tax Rate in Mauritania stands at 25 percent. Corporate Tax Rate in Mauritania is reported by the Ministry of Finance.
Mauritania Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Mauritania stands at 18 percent. Sales Tax Rate in Mauritania is reported by the Ministry of Finance.
Mauritania Balance of Trade at -316.67 MRO Billion  
Mauritania recorded a trade deficit of 316.67 MRO Billion in the third quarter of 2013. Balance of Trade in Mauritania is reported by the ONS, Mauritania.
Mauritania Current Account at -374.85 MRO Billion  
Mauritania recorded a Current Account deficit of 374.85 MRO Billion in 2012. Current Account in Mauritania is reported by the ONS, Mauritania.
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