Search results
Results From The WOW.Com Content Network
The Mauritian rupee (sign: Re (singular) and Rs (plural); ISO code: MUR; pronounced) is the currency of Mauritius. One rupee is subdivided into 100 cents. One rupee is subdivided into 100 cents. Several other currencies are also called rupee .
The dollar was the currency of Mauritius until 1877. Initially, it was made up of Spanish dollars , with paper money and new coins being issued in the 1820s (see Anchor coinage ). The dollar was initially pegged at a value of 2 Indian rupees , then at 4 shillings sterling .
It was established in September 1967 as the central bank of Mauritius. It was modelled on the Bank of England and was, in effect, set up with the assistance of senior officers of the Bank of England. Amongst its responsibilities is the issuance of the Mauritian currency, the Mauritian rupee.
Mauritius Pakistan ; Free floating (33) Australia Canada Chile Czech Republic Japan Mexico Norway Poland Russia Sweden United Kingdom Somalia United States European Union Austria Belgium Croatia Cyprus Estonia Finland France Germany Greece
The local name of the currency is used in this list, with the adjectival form of the country or region. ... Mauritian dollar – Mauritius; Mongolian dollar – Mongolia;
African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced their own monetary system into the countries they invaded.
The Mauritian currency features the Latin, Tamil and Devanagari scripts. The Mauritian population is multilingual; while Mauritian Creole is the mother tongue of most Mauritians, most people are also fluent in English and French; they tend to switch languages according to the situation. [174]
The economy of Mauritius is a mixed developing economy based on agriculture, exports, financial services, and tourism. [14] Since the 1980s, the government of Mauritius has sought to diversify the country's economy beyond its dependence on just agriculture, particularly sugar production.