15/04/2019: Coronation of King Rama X
King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.
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.
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.
19/09/2006: 2006 Thai coup d'état
The military staged a coup overthrowing the government, causing political instability and affecting the currency.
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.
02/07/1997: Asian Financial Crisis
The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.
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.
01/01/1980: Currency Floatation
The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.
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.
14/10/1973: October 14 Uprising
A popular uprising against the military dictatorship led to political reforms and an increase in public participation.
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.
01/01/1942: Japanese Occupation
During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.
24/06/1932: Siamese Revolution
The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.