Comment on
1992-10 |
On 4 October 1992, the ouguiya was devalued. We recorded the following exchange rates (buying/selling rate) for the beginning and end of the adjustment period: 1 October 1992: DEM 100 = MRO 5,755.12 / 5,842.10 4 October 1992: DEM 100 = MRO 7,362.45 / 7,473.73 On the basis of these exchange rates, the ouguiya depreciated by 21.8% against the Deutsche Mark. |