Historic Mauritian Rupee New Zealand Dollar

Mauritian Rupee new zealand dollar history for October 2023. The highest quote for this month is 0.039812 (26/10/2023) and the lowest 0.040364 (31/10/2023). The difference between high and low is -1.39.

MUR NZD average rate for October 2023 is 0.03915, the change between 01/10/2023 and 31/10/2023 is -4.65 %.

01 October 20231 MUR = 0.0376 NZD
02 October 20231 MUR = 0.0384 NZD
03 October 20231 MUR = 0.0391 NZD
04 October 20231 MUR = 0.0392 NZD
05 October 20231 MUR = 0.0395 NZD
06 October 20231 MUR = 0.0392 NZD
07 October 20231 MUR = 0.0379 NZD
09 October 20231 MUR = 0.0388 NZD
10 October 20231 MUR = 0.0388 NZD
11 October 20231 MUR = 0.0387 NZD
12 October 20231 MUR = 0.0388 NZD
13 October 20231 MUR = 0.0395 NZD
16 October 20231 MUR = 0.0391 NZD
17 October 20231 MUR = 0.0394 NZD
18 October 20231 MUR = 0.0395 NZD
19 October 20231 MUR = 0.0398 NZD
20 October 20231 MUR = 0.0399 NZD
21 October 20231 MUR = 0.0388 NZD
22 October 20231 MUR = 0.0388 NZD
23 October 20231 MUR = 0.0396 NZD
24 October 20231 MUR = 0.0398 NZD
25 October 20231 MUR = 0.0390 NZD
26 October 20231 MUR = 0.0402 NZD
27 October 20231 MUR = 0.0400 NZD
28 October 20231 MUR = 0.0389 NZD
29 October 20231 MUR = 0.0389 NZD
30 October 20231 MUR = 0.0399 NZD
31 October 20231 MUR = 0.0394 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

15/02/2013: Launch of New MUR Banknotes

New series of Mauritian Rupee banknotes were launched, featuring enhanced security features and updated designs, reflecting the rich cultural heritage of Mauritius.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

08/09/2007: Currency Reform and New Coinage System

A currency reform was implemented, introducing new coins denominated in cents, with the aim of streamlining and modernizing the monetary system.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

03/08/1999: Establishment of Bank of Mauritius

Bank of Mauritius Act was enacted, establishing the central bank responsible for the formulation and implementation of monetary policy in the country.

01/07/1994: Conversion to Decimal Currency System

Mauritian Rupee adopted the decimal currency system, replacing the previous pound-based system, with 1 Rupee consisting of 100 cents.

01/07/1992: Introduction of Polymer Banknotes

Polymer-based banknotes were introduced in Mauritius, replacing the traditional paper notes, to improve durability and security against counterfeiting.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

01/10/1979: Decentralization of Currency Printing

Printing of Mauritian Rupee banknotes was decentralized from the Bank of England to Mauritius, leading to enhanced national monetary control.

12/06/1967: Introduction of Mauritian Rupee

Mauritian Rupee was introduced as the official currency replacing the Mauritian Pound, with an initial exchange rate of 1 Rupee to 10 Shillings.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.