Convert Mauritian Rupee to Nigerian Naira
Convert Mauritian Rupee (MUR) to Nigerian Naira (NGN) using daily updated exchange rates.
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Exchange Rate
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About Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, an island nation in the Indian Ocean known for its diversified and well-managed economy. The Bank of Mauritius manages monetary policy with a managed float regime. Mauritius has successfully transitioned from a mono-crop sugar economy to a multi-pillar economy driven by financial services, tourism, textiles, information and communication technology, and seafood processing. It has one of Africa's highest income levels and a reputation for political stability and good governance. The rupee is divided into 100 cents.
About Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by GDP. Introduced in 1973 to replace the Nigerian pound, the naira has experienced severe long-term depreciation relative to major currencies. The Central Bank of Nigeria (CBN) manages monetary policy. Nigeria is a major oil producer - crude oil and natural gas account for the vast majority of government revenues and export earnings. The economy has faced structural challenges including dependence on oil, inflation, currency shortages, and foreign exchange controls.
Quick Reference Table
| Mauritian Rupee (MUR) | Nigerian Naira (NGN) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).