The US Dollar and the Mauritian Rupee: A Comprehensive Overview

This article explores the relationship between the US Dollar (USD) and the Mauritian Rupee (MUR), providing insights into currency exchange, historical context, and options for international money transfers.

Currency Codes and Symbols

  • The currency code for the US Dollar is USD, and its symbol is $.
  • The currency code for the Mauritian Rupee is MUR, and its symbol is ₨.

Our currency rankings show that the most popular Mauritian Rupee exchange rate is the MUR to USD rate. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate.

Exchange Rates and Currency Conversion

Convert USD to MUR now for today’s Western Union exchange rate. Just enter the USD amount to be converted to MUR. The Markets Insider currency calculator offers a currency conversion from United States dollar to Mauritian rupee within seconds.

Exchange Rates and Fees shown are estimates and are subject to change. To check current rates and other options, simply click “Send money”.

We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates.

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USD to MUR Chart

USD to MUR exchange-rate stats: high, low, average, and volatility over the last 7, 30, and 90 days.

Statistic Last 7 Days Last 30 Days Last 90 Days
High 45.942 45.942 46.127
Low 45.353 45.011 45.011
Average 45.681 45.438 45.570
Volatility 0.29% 0.31% 0.30%

MUR to USD Chart

MUR to USD Chart1 MUR to USD exchange-rate stats: high, low, average, and volatility over the last 7, 30, and 90 days.

Statistic Last 7 Days Last 30 Days Last 90 Days
High 0.022049 0.022217 0.022217
Low 0.021766 0.021766 0.021679
Average 0.021892 0.022009 0.021945
Volatility 0.29% 0.31% 0.30%

Historical Context

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 dollar circulated alongside sterling and the Indian rupee.

In 1820, in response to a request from the British colony of Mauritius, the imperial government in London struck silver coins in the denominations of 1⁄4, 1⁄8, and 1⁄16 dollars. The dollar unit in question was equivalent to the Spanish dollar and these fractional coins were known as 'Anchor Dollars' because of the anchor that appeared on them. More of these anchor dollars were struck in 1822 and not only for Mauritius but also for the British West Indies. In addition to this, a 1⁄2 dollar anchor coin was struck for Mauritius. In 1877, the Mauritian rupee was introduced.

International Money Transfers

How to send money from the United States to Mauritius on Remitly?

You can send money to Mauritius the way that’s convenient for you: online, with our app, or in person at an agent location. We move money from the United States of America to over 200 countries and territories.

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  • Send money quickly or start a transfer and pay in-store.
  • Track your money transfer in real time.
  • Quickly repeat transfers to family and friends.
  • It’s easy to sign up and start sending money reliably.

Transfer USD to MUR online using your bank account, credit/debit card or cash in-store.

Our encryption and fraud prevention efforts help protect your Western Union® money transfers. We are committed to keeping your data secured.

Additional Tools and Features

  • Manage your currencies on the go with the Xe app. It has everything you need for international money transfers - easy, secure, and low fees starting at $0.
  • Xe currency tools: FX insights, advanced indicators, live news feeds & customizable dashboards.
  • International transfers: Send money to 190 countries across 130 currencies. Enjoy flexible ways to send and receive money.
  • Rate alerts: Set free rate alerts for any currency pair. We’ll notify you at your desired rate.
  • Historical currency rates: Analyze rate trends for any currency over a few days, weeks, months, or years.

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tags: #Mauritius