Historic Mauritian Rupee South African rand

Mauritian Rupee south african rand history for January 2024. The highest quote for this month is 0.44305 (23/01/2024) and the lowest 0.44211 (22/01/2024). The difference between high and low is 0.21.

MUR ZAR average rate for January 2024 is 0.42833, the change between 01/01/2024 and 31/01/2024 is -2.53 %.

01 January 20241 MUR = 0.4214 ZAR
02 January 20241 MUR = 0.4226 ZAR
03 January 20241 MUR = 0.4313 ZAR
04 January 20241 MUR = 0.4369 ZAR
05 January 20241 MUR = 0.4271 ZAR
06 January 20241 MUR = 0.4223 ZAR
07 January 20241 MUR = 0.4197 ZAR
08 January 20241 MUR = 0.4292 ZAR
09 January 20241 MUR = 0.4260 ZAR
10 January 20241 MUR = 0.4218 ZAR
11 January 20241 MUR = 0.4314 ZAR
12 January 20241 MUR = 0.4199 ZAR
13 January 20241 MUR = 0.4198 ZAR
14 January 20241 MUR = 0.4225 ZAR
15 January 20241 MUR = 0.4291 ZAR
16 January 20241 MUR = 0.4196 ZAR
17 January 20241 MUR = 0.4302 ZAR
18 January 20241 MUR = 0.4401 ZAR
19 January 20241 MUR = 0.4405 ZAR
22 January 20241 MUR = 0.4420 ZAR
23 January 20241 MUR = 0.4468 ZAR
24 January 20241 MUR = 0.4401 ZAR
25 January 20241 MUR = 0.4339 ZAR
26 January 20241 MUR = 0.4339 ZAR
28 January 20241 MUR = 0.4127 ZAR
29 January 20241 MUR = 0.4220 ZAR
30 January 20241 MUR = 0.4184 ZAR
31 January 20241 MUR = 0.4321 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

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.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.