What Currency Is Used in Mauritius?
Mauritius, a small island nation located in the Indian Ocean, is a popular tourist destination known for its stunning beaches, diverse wildlife, and vibrant culture. If you are planning a trip to this tropical paradise, it is essential to know about the currency used in Mauritius to ensure a smooth and hassle-free experience. In this article, we will explore the currency of Mauritius, its history, exchange rates, and frequently asked questions about currency matters in the country.
The currency of Mauritius is the Mauritian Rupee (MUR), denoted by the symbol Rs. The rupee is further divided into 100 cents, and coins come in denominations of 5, 20, and 50 cents, as well as 1 and 5 rupees. Banknotes are available in denominations of 25, 50, 100, 200, 500, 1000, and 2000 rupees.
The history of the Mauritian rupee dates back to the colonization of the island by the French in the 18th century. Initially, French colonial currency, known as the livre, was used. After the British took over the island in the early 19th century, the currency changed to the Mauritian dollar, which was later replaced by the Mauritian rupee in 1877. Since then, the rupee has remained the official currency of Mauritius.
Foreign exchange facilities are widely available in Mauritius, including at major airports, hotels, and banks. Additionally, many authorized money changers can be found in popular tourist areas. It is advisable to compare exchange rates and fees before converting your currency to ensure the best value for your money.
FAQs:
Q: Can I use foreign currency in Mauritius?
A: While some businesses may accept major international currencies like the US dollar, Euro, or British pound, it is advisable to use the local currency, Mauritian Rupee (MUR), for most transactions. Local currency is required for smaller establishments, public transportation, and street vendors.
Q: Where can I exchange currency in Mauritius?
A: Currency exchange services are available at major airports, banks, hotels, and authorized money changers. It is recommended to use authorized sources to avoid counterfeit currency or unfavorable exchange rates. Banks typically offer competitive rates, but they may have limited operating hours, especially on weekends.
Q: Can I use credit cards in Mauritius?
A: Yes, major credit cards such as Visa, Mastercard, and American Express are widely accepted in hotels, restaurants, and larger establishments. However, it is advisable to carry some cash for smaller businesses or in more remote areas where card facilities may be limited.
Q: Are ATMs readily available in Mauritius?
A: Yes, ATMs can be found in most towns and tourist areas. However, it is always a good idea to withdraw cash from reputable bank ATMs to avoid any potential issues with counterfeit machines.
Q: Are traveler’s cheques accepted in Mauritius?
A: While traveler’s cheques were once widely accepted, their usage has significantly declined in recent years. It is better to rely on cash or card payments for most transactions.
Q: What is the current exchange rate for the Mauritian Rupee?
A: Exchange rates vary and are subject to fluctuation. It is recommended to check reliable sources, such as banks or currency exchange websites, for the most up-to-date rates.
In conclusion, the Mauritian Rupee (MUR) is the official currency of Mauritius. While some businesses may accept foreign currencies, it is advisable to use the local currency for most transactions. Currency exchange services are readily available, and it is essential to compare rates and fees to ensure the best value. Credit cards are widely accepted, but it is advisable to carry some cash for small establishments or in remote areas. With this information in hand, you can now enjoy your stay in Mauritius with ease, knowing how to navigate the country’s currency matters.