指鹿为马 to MUR Converter and calculator


Conversion rates
Convert 指鹿为马 to MUR
Convert MUR to 指鹿为马
指鹿为马 to MUR chart
指鹿为马 to MUR conversion data: Volatility and price changes of 指DYOR为DOYR in MUR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.02545 MUR | -- MUR | -- MUR | -- MUR |
Low | 0.0007534 MUR | -- MUR | -- MUR | -- MUR |
Average | 0 MUR | 0 MUR | 0 MUR | 0 MUR |
Volatility | % | % | % | % |
Change | -0.95% | -- | -- | -- |
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指DYOR为DOYR information
指鹿为马 to MUR market statistics
Current 指鹿为马 to MUR exchange rate
指DYOR为DOYR to Mauritian Rupee is falling this week.More info about 指DYOR为DOYR on Bitget
Mauritian Rupee information
About the Mauritian Rupee (MUR)
What Is the Mauritian Rupee (MUR)?
The Mauritian Rupee, abbreviated as MUR and often denoted by the currency sign "Rs", is the official currency of Mauritius, an island nation in the Indian Ocean. One rupee is subdivided into 100 cents. The currency symbolizes Mauritius's rich history and cultural diversity, reflecting its historical ties with India and its status as a vibrant, modern economy. The Mauritian Rupee is the sole legal tender in Mauritius, and it is used for all transactions within the country.
The Mauritian Rupee is issued by the Bank of Mauritius, which is the central bank of Mauritius. Established in September 1967, the Bank of Mauritius is responsible for the issuance and management of the country's currency, including both banknotes and coins.
What Is the History of MUR?
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, the Mauritian Dollar, and the British Pound Sterling. This change was influenced by the influx of Indian rupees following the immigration of Indian workers to Mauritius's sugar plantations. The introduction of the Mauritian Rupee marked a significant step in the country's journey towards economic independence and identity.
Notes and Coins of MUR
Mauritian Rupee includes both coins and banknotes. Coins are available in denominations of 5, 20, 50 cents, as well as 1, 5, 10, and 20 rupees. Banknotes are issued in denominations of 25, 50, 100, 200, 500, 1,000, and 2,000 rupees. Each banknote features a portrait of a prominent Mauritian figure and a vignette depicting various aspects of Mauritius's culture and natural beauty. The banknotes also incorporate advanced security features, including watermarks, security threads, and elements visible under ultraviolet light.
Is MUR Pegged to USD?
No, the Mauritian Rupee (MUR) is not pegged to the United States Dollar (USD). The Mauritian Rupee operates on a floating exchange rate system, where its value is determined by the foreign exchange market through supply and demand relative to other currencies. This means that the exchange rate of the Mauritian Rupee against the US Dollar and other currencies can fluctuate based on various economic factors, including trade balances, inflation rates, interest rates, and overall economic conditions both within Mauritius and globally.
Can I Use MUR in India?
No, the Mauritian Rupee (MUR) is not accepted for transactions in India. In India, the official currency is the Indian Rupee (INR). While Mauritius and India share historical ties, and both countries use currencies called "rupee," their currencies are distinct and not interchangeable.
Is MUR a Stable Currency?
Historically, the Mauritian Rupee has shown fluctuations in its value against major currencies like the US Dollar, Euro, and Pound Sterling. For instance, over the past five years, it has experienced a depreciation against the US Dollar, with the exchange rate going from approximately 35 MUR/USD in early 2019 to about 45 MUR/USD as of January 2024. This trend indicates a relative instability in its value. While there have been periods of depreciation, the central bank has implemented measures to ensure liquidity and manage inflation, which have contributed to a degree of stability in the domestic economy.
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指鹿为马 to MUR Conversion tables
| Amount | 04:53 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 指鹿为马 | ₨0.0005684 | ₨-- | -0.95% |
1 指鹿为马 | ₨0.001137 | ₨-- | -0.95% |
5 指鹿为马 | ₨0.005684 | ₨-- | -0.95% |
10 指鹿为马 | ₨0.01137 | ₨-- | -0.95% |
50 指鹿为马 | ₨0.05684 | ₨-- | -0.95% |
100 指鹿为马 | ₨0.1137 | ₨-- | -0.95% |
500 指鹿为马 | ₨0.5684 | ₨-- | -0.95% |
1000 指鹿为马 | ₨1.14 | ₨-- | -0.95% |
指鹿为马 to MUR FAQ
What factors influence the conversion rate of 指鹿为马 to MUR?
Popular exchange rates — Crypto-to-Fiat converter
The price of 指DYOR为DOYR in the US is $0.{4}2468 USD. Additionally, 指DYOR为DOYR’s price is €0.{4}2118 EUR in the eurozone, £0.{4}1850 GBP in the UK, C$0.{4}3411 CAD in Canada, ₹0.002220 INR in India, ₨0.006917 PKR in Pakistan, R$0.0001343 BRL in Brazil, and more.
The most popular 指DYOR为DOYR currency pair is the 指鹿为马 to Mauritian Rupee(MUR). The price of 1 指DYOR为DOYR (指鹿为马) in Mauritian Rupee (MUR) is ₨0.001137.
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