The rupee (plural Rupees) is the official currency of Mauritius and is divided into 100 Cents.
History of the rupee in Mauritius
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.
Notes and coins of the Mauritian rupee in use
In Mauritius circulate bills of 25, 50, 100, 200, 500, 1000 and 2000 rupees.
As for the coins, they circulate of 5, 10, 20 and 50 cents, and of 1, 5 and 10 rupees.
Did you know?
- The Dodo is the national bird of the country but you can only see it in its coat of arms or souvenirs. This animal, which could only be sighted in Mauritius, became extinct in the seventeenth century.
- The flag of Mauritius is composed of four colors, each with a meaning: the red represents independence, the blue the Indian Ocean, the yellow the sunlight, and the green the vegetation.
- The island was discovered during the Middle Ages by Arab sailors. It was not until 1507 that the first Europeans arrived and it was the Portuguese.
Why changing currency with us is better than with your bank?
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|---|---|---|---|---|
| Variety of currencies | We have more than 70 currencies. We are specialists. | Only major currencies. Travel money is just a secondary business for banks. | ||
| Availability of currencies | Immediate availability of currencies in our branches. Click and collect or walk in to our stores. | The branch requests it from the head office and they can take a long time for having the currency available, or even not at all. | ||
| Expenses | Only the exchange rate, no commission, and if you book online you are guaranteed the best price. | The bank sets its own margin plus a commission. | ||
| Different denominations available | At Global Exchange, you’ll get a variety of banknotes with different values, adapted to all your payment needs. | No. Prepare for refusals and complaints in foreign languages when paying with «big» banknotes. | ||
| Delivery options | Order online to benefit from a price reduction and collect at the branch of your choice. | You’ll have to go first to your bank to order the currency you need, then wait for it to come and go back again to collect it. | ||
| Timetables | We are open 24 hours a day, 7 days a week. | Monday to Friday, from 8:30 am to 2:30 pm. | ||
| Anything else? | Airport collection on the day of your trip. All comfort. | Air-what? What miles are you talking about? No, sir. This is a bank, not an airline. |