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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.

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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.

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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.

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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

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

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

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TRANSFERRING MONEY
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ENQUIRY FORM

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ENQUIRY FORM
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