SCRSeychellois RupeeSeychellois Rupee (SCR)
The Seychellois rupee is Seychelles's national currency and a small Indian Ocean unit shaped by tourism, imports and maritime activity.
- ISO code
- SCR
- Symbol
- ₨
- Region
- Africa
- Currency type
- Fiat currency
- Exchange system
- Market-based exchange-rate framework
- Last reviewed
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Quick facts
SCR at a glance
Currency profile
How SCR works
The Seychellois rupee is Seychelles's national currency and a small Indian Ocean unit shaped by tourism, imports and maritime activity.
The Central Bank of Seychelles issues the national currency and manages monetary and foreign-exchange policy for the island economy.
- SCR is divided into 100 cents and must be distinguished from every other currency bearing the rupee name.
- Seychelles moved from an administratively fixed exchange rate to a floating regime in 2008.
Context
Why this currency matters
SCR illustrates how a small island economy uses its own national currency while remaining highly exposed to tourism and imported goods. The 2008 move to a floating regime is essential context because it separates modern market-based references from the earlier administratively managed rate.
Monetary framework
Exchange arrangement
Market-based exchange-rate 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 SCR
Seychelles government notes issued
A distinct local rupee note issue developed under the colonial government.
Central Bank of Seychelles - historyCentral Bank of Seychelles established
The central bank assumed national monetary and currency responsibilities.
Central Bank of Seychelles - historyRupee moved to a float
Seychelles liberalized the foreign-exchange system and allowed the rupee to float.
Central Bank of Seychelles - history
Usage and economy
How SCR is used
- Prices, wages and domestic payments across Seychelles.
- Tourism and Indian Ocean comparisons involving MUR, MGA, EUR and ZAR.
Banknotes and coins
SCR currency units
The Central Bank of Seychelles publishes current rupee banknotes and security features.
The Central Bank of Seychelles documents rupee and cent circulation coins.
One Seychellois 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
SCR questions
When did the Seychellois rupee begin floating?
Seychelles liberalized its foreign-exchange regime and moved SCR to a floating system in 2008.
Is SCR the same as the Mauritian rupee?
No. SCR is issued for Seychelles and MUR for Mauritius; they have separate central banks and exchange rates.
Why is tourism important to SCR?
Tourism is a major source of external receipts for Seychelles and strongly influences domestic currency flows.
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.