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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 .
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;
On 5 December 2017, the Central Bank of Mauritania announced a redenomination of its currency at a rate of 1:10. As part of the redenomination, a new series of coins were issued in denominations of 1 khoums ( 1 ⁄ 5 ouguiya), 1, 5, 10 and 20 ouguiya, with the latter being struck as a tri-metallic coin and a new series of banknotes in ...
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]
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.
Mauritian rupee This page was last edited on 2 December 2024, at 21:12 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 License ...