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CURRENCY

“It took me a while to get used to Mauritian Rupees and I always converted back to the currency of my origins. Now I consider Mauritius as my home and the Rupee has become the everyday currency that I now calculate back to when I see something is priced in sterling, dollar or rand".

"Here you will find a little background on the Mauritian Rupee, Banking, and exchanging funds to and from the island"

 

Karen

INTRODUCTION
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HISTORY OF MAURITIAN RUPEE

The rupee was established as a currency in Mauritius in 1876. The government of Mauritius chose the rupee mainly because the country had an influx of Indian rupees very large as a cause of immigration from India to Mauritius and, as a result, the Rupiah indicates circulated for some time in the country.

The rupee of Mauritius began its circulation in 1877 and replaced the Indian rupee, the pound sterling and the Mauritian dollar. This replacement was made at an exchange rate of 1 rupee of Mauritius = half a dollar of Mauritius and 1: 1 with the Indian rupee. The pound sterling had a value of 10.25 rupees at that time.

The Mauritian rupee also circulated in the Seychelles until 1914 when it was replaced at the same time by the Rupee of Seychelles.

HISTORY OF MAURITIAN RUPEE

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NOTES AND COINS

In Mauritius circulate bills of

  • 25

  • 50 

  • 100

  • 200

  • 500

  • 1000

  • 2000

rupees.

As for the coins, they circulate of 5, 10, 20 and 50 cents, and of 1, 5 and 10 rupees.

NOTES & COINS
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EXCHANGE RATES

EXCHANGE RATES

THE BANKS

ABSA

AFRASIA 
​MCB

SBM

BANK ONE

HSBC

THE BANKS

TRANSFERRING MONEY
 

Bank-beating exchange rates* 

Saving time and money on your currency transfers is simple. Currencies Direct makes sure you benefit from: 

  • Excellent exchange rates

  • No transfer fees

  • Personal currency expert

  • Tailored transfer services

Transfer online, through the CD app or over the phone with their Account Manager.

More than 325,000 people have trusted us to manage their currency transfers since 1996.

TRANSFERRING MONEY
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ENQUIRY FORM

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ENQUIRY FORM
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