Currency Rate Mauritius Rupee to USD

Our Currency Rate MUR latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the MUR. We provide comprehensive information to meet all your financial needs effectively.

MU

Buying rate

MUR 0.019123

Selling rate

MUR0.024009


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Mauritian Rupee (MUR)
 
Currency Details
 Symbol: Rs
ISO Code: MUR
Subunits: 1 Rupee = 100 cents
Banknotes and Coins
The Mauritian Rupee is available in both coins and banknotes:
 
Coins:
Coins are available in denominations of
5 cents
10 cents
20 cents
50 cents, as well as 1, 5, and 10 rupees.
 
Banknotes:
Current banknotes in circulation:
 Rs 25
Rs 50
Rs 100
Rs 200
Rs 500
Rs 1000
The banknotes and coins of the Mauritian Rupee feature various cultural motifs, historical figures, and natural landmarks of Mauritius.
 
History and Background
The Mauritian Rupee has been the official currency of Mauritius since 1876. It is managed and issued by the Bank of Mauritius.
 
Economic Significance
The MUR is crucial to Mauritius's economy, facilitating trade, investment, and daily transactions. Mauritius's economy is primarily driven by tourism, agriculture, manufacturing, financial services, and information technology.
 
Usage and Exchange
The Mauritian Rupee is widely accepted across Mauritius for all transactions. For international visitors and expatriates, exchanging foreign currency for Mauritian Rupees can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
 
Conclusion
The Mauritian Rupee is more than just a currency; it is a symbol of Mauritius's economic stability, cultural diversity, and natural beauty. Understanding the MUR is essential for anyone engaging with Mauritius's economy, whether as a resident or a visitor. The stability and accessibility of the Mauritian Rupee play a significant role in the country's economic growth and development.