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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.
Indian rupee, Sterling, Mauritian dollar Ratio: both rupees = MU$0.5 or Rs. 10/25 = £1 stg: Currency of Mauritius 1877 – Succeeded by: Current: Currency of Seychelles
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
The Indian government announced on Aug. 14 that the country’s leading petroleum refiner, Indian Oil Corp., used the local rupee to buy one million barrels of oil from the Abu Dhabi National Oil ...
Indian rupee, pound sterling, Mauritian dollar Nepal Nepalese rupee: रू NPR Paisa = 1 ⁄ 100 rupee 133.80588 1932 Nepalese mohar Pakistan Pakistani rupee ₨ PKR Paisa = 1 ⁄ 100 rupee 277.97203 1947 Indian rupee (prior to partition) Seychelles Seychellois rupee: SR, SRe SCR Cent = 1 ⁄ 100 rupee 13.466389 1976 Mauritian rupee Sri Lanka ...
4.5 Indian Rupee as exchange rate anchor. 4.6 Other. ... Conventional peg (40) ... Mauritius Pakistan ; Free floating (33) ...
Danish Indian rupee – Danish India; East African rupee – Kenya, Somalia, Tanzania and Uganda; French Indian rupee – French India; Gulf rupee – Bahrain, Kuwait, Oman, Qatar and United Arab Empirates; Hyderabad rupee – Hyderabad; Indian rupee (रुपया) – India; Javan rupee – Java; Mauritian rupee – Mauritius; Nepalese ...
India was then a part of the sterling area, and the rupee was devalued on the same day by the same percentage so that the new dollar exchange rate in 1949 became ₹4.76 — which is where it stayed till the rupee devaluation of 1966 made it ₹7.50 to the dollar and the pound moved to ₹21.