MURMauritian RupeeMauritian Rupee (MUR)
The Mauritian rupee is Mauritius's national currency and an Indian Ocean unit serving a diversified trade, tourism and financial-services economy.
- ISO code
- MUR
- Symbol
- ₨
- Region
- Africa
- Currency type
- Fiat currency
- Exchange system
- The Bank of Mauritius issues rupee banknotes and coins and conducts monetary and foreign-exchange policy under the national central-bank framework.
- Last reviewed
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Quick facts
MUR at a glance
Currency profile
How MUR works
The Mauritian rupee is Mauritius's national currency and an Indian Ocean unit serving a diversified trade, tourism and financial-services economy.
The Bank of Mauritius issues rupee banknotes and coins and conducts monetary and foreign-exchange policy under the national central-bank framework.
- MUR is divided into 100 cents and has circulated as Mauritius's national unit since the nineteenth century.
- The rupee name is shared across several countries, making the MUR code necessary in international records.
Context
Why this currency matters
MUR matters because Mauritius combines a small domestic market with extensive global financial, tourism and trade links. Its long rupee history connects colonial-era commerce with a modern central-bank system, while the ISO code distinguishes Mauritian amounts from Indian, Sri Lankan and other rupees.
Monetary framework
Exchange arrangement
The Bank of Mauritius issues rupee banknotes and coins and conducts monetary and foreign-exchange policy under the national central-bank framework.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for MUR
Mauritian rupee established
Mauritius adopted the rupee as its principal monetary unit during the nineteenth-century currency transition.
Bank of Mauritius - historyBank of Mauritius established
The new central bank assumed responsibility for monetary policy and national currency issue.
Bank of Mauritius - historyPolymer banknotes introduced
The Bank of Mauritius added polymer notes to improve durability and security in circulation.
Bank of Mauritius - history
Usage and economy
How MUR is used
- Prices, salaries, taxes and settlement across Mauritius.
- Indian Ocean travel and business comparisons involving SCR, MGA, ZAR and INR.
Banknotes and coins
MUR currency units
The Bank of Mauritius publishes the banknotes currently used in the Mauritian cash system.
The Bank of Mauritius documents rupee and cent coins in circulation.
One Mauritian Rupee unit is recorded with 2 decimal places and uses Cent as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
MUR questions
Is MUR the same as the Indian rupee?
No. MUR and INR are separate currencies with different issuers, legal jurisdictions and exchange rates.
Why is MUR relevant beyond tourism?
Mauritius also has significant financial-services, textile, technology and international business sectors that use MUR domestically.
Who issues Mauritian rupee cash?
The Bank of Mauritius issues and manages Mauritian rupee banknotes and coins.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.