What is the currency of Mauritius? 🔊
The currency of Mauritius is the Mauritian rupee (MUR). The rupee is subdivided into 100 cents and is represented by the symbol "Rs." The currency has been in use since 1876 and is issued by the Bank of Mauritius. The value of the Mauritian rupee fluctuates against major currencies, such as the US dollar and the Euro, influenced by factors like tourism, exports, and foreign investments. The currency is essential not only for domestic transactions but also for international trade, shaping the economic landscape of this island nation in the Indian Ocean.
Equestions.com Team – Verified by subject-matter experts