Currency Rate
Seychelles Rupee to USD
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Buying rate
SCR 0.061049
Selling rate
SCR0.080697
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The Seychellois rupee (symbol: ₨; code: SCR) is the official currency of Seychelles.
Currency Details
- Country code SC
- Symbol SCR
- ISO Code SCR
- Subunits 1 Rupee = 100 Cents
Coins
- 1 cent
- 5 cents
- 10 cents
- 25 cents
- 1 rupee
- 5 rupees
- 10 rupees
Banknotes
- 10 rupees
- 25 rupees
- 50 rupees
- 100 rupees
- 500 rupees
The Seychellois Rupee, abbreviated as SCR, is the official currency of the Republic of Seychelles. Symbolized as "₨" or "SR", it is subdivided into 100 cents. Introduced in 1914, the rupee replaced the Mauritian rupee and became an independent currency after Seychelles gained autonomy from Britain, reflecting the nation's unique island economy.
History and Background
The rupee's evolution mirrors Seychelles' economic transformation: • 1914-1976: Pegged to sterling as a colonial currency • 1979: First Seychelles-issued coins post-independence • 2008: Major floatation after economic crisis (SCR 8 → SCR 16 per USD) • 2016: New polymer series featuring endemic wildlife Managed by the Central Bank of Seychelles, the currency's stability is crucial for this tourism-dependent archipelago.
The rupee's evolution mirrors Seychelles' economic transformation: • 1914-1976: Pegged to sterling as a colonial currency • 1979: First Seychelles-issued coins post-independence • 2008: Major floatation after economic crisis (SCR 8 → SCR 16 per USD) • 2016: New polymer series featuring endemic wildlife Managed by the Central Bank of Seychelles, the currency's stability is crucial for this tourism-dependent archipelago.
Economic Significance
As one of Africa's most traded currencies: • Operates a managed float system since 2008 liberalization • Key value drivers: tourism (30% GDP), tuna exports, offshore banking • Vulnerable to global fuel prices and climate change impacts • Dollarization remains common in high-end tourism transactions The rupee's stability is monitored through CBS's inflation-targeting framework.
As one of Africa's most traded currencies: • Operates a managed float system since 2008 liberalization • Key value drivers: tourism (30% GDP), tuna exports, offshore banking • Vulnerable to global fuel prices and climate change impacts • Dollarization remains common in high-end tourism transactions The rupee's stability is monitored through CBS's inflation-targeting framework.
Usage and Exchange
Practical information for visitors: • Banknotes: 25, 50, 100, 500 rupees (vibrant polymer notes) • Coins: 1, 5, 10, 25 cents and 1, 5, 10 rupees • Exchange at banks/airport (better rates than hotels) • USD/EUR widely accepted but change given in rupees • ATMs limited to main islands (Mahé, Praslin, La Digue) • Credit cards accepted at resorts but cash preferred for local markets
Practical information for visitors: • Banknotes: 25, 50, 100, 500 rupees (vibrant polymer notes) • Coins: 1, 5, 10, 25 cents and 1, 5, 10 rupees • Exchange at banks/airport (better rates than hotels) • USD/EUR widely accepted but change given in rupees • ATMs limited to main islands (Mahé, Praslin, La Digue) • Credit cards accepted at resorts but cash preferred for local markets
Banknote Security Features
2016 Polymer Series highlights: ✓ Transparent window with coco de mer hologram ✓ Tactile marks for denomination identification ✓ UV-reactive endemic fish patterns ✓ See-through registration device ✓ Anti-copy "motion" security thread The 500-rupee note features a dynamic color-shifting tortoise.
2016 Polymer Series highlights: ✓ Transparent window with coco de mer hologram ✓ Tactile marks for denomination identification ✓ UV-reactive endemic fish patterns ✓ See-through registration device ✓ Anti-copy "motion" security thread The 500-rupee note features a dynamic color-shifting tortoise.
Cultural & Ecological Identity
Currency as national pride: • All denominations showcase endemic species (giant tortoise, black parrot) • Historical figures: 19th century poet Antoine Guichard • Landmarks: Victoria Clocktower, Aldabra Atoll • Bilingual text (English/French) reflecting Creole heritage
Currency as national pride: • All denominations showcase endemic species (giant tortoise, black parrot) • Historical figures: 19th century poet Antoine Guichard • Landmarks: Victoria Clocktower, Aldabra Atoll • Bilingual text (English/French) reflecting Creole heritage
Conclusion
The Seychellois rupee embodies the paradox of island economics - simultaneously vulnerable yet resilient. From fishermen paying in weathered coins to luxury resorts processing digital payments, this colorful currency facilitates one of Africa's highest GDP per capita economies. For visitors, handling rupees means engaging with Seychelles' delicate balance between ecological preservation and economic development - where every transaction supports either a local market stall or coral reef conservation.
The Seychellois rupee embodies the paradox of island economics - simultaneously vulnerable yet resilient. From fishermen paying in weathered coins to luxury resorts processing digital payments, this colorful currency facilitates one of Africa's highest GDP per capita economies. For visitors, handling rupees means engaging with Seychelles' delicate balance between ecological preservation and economic development - where every transaction supports either a local market stall or coral reef conservation.