South African rand mauritian rupee exchange rate history (ZAR MUR) December 2023

South African rand mauritian rupee history for December 2023. The highest quote for this month is 2.4021 (23/12/2023) and the lowest 2.3969 (16/12/2023). The difference between high and low is 0.22.

ZAR MUR average rate for December 2023 is 2.32669, the change between 01/12/2023 and 31/12/2023 is -1.04 %.

01 December 2023	1 ZAR = 2.268 MUR
02 December 2023	1 ZAR = 2.364 MUR
03 December 2023	1 ZAR = 2.364 MUR
04 December 2023	1 ZAR = 2.311 MUR
05 December 2023	1 ZAR = 2.300 MUR
06 December 2023	1 ZAR = 2.262 MUR
07 December 2023	1 ZAR = 2.253 MUR
08 December 2023	1 ZAR = 2.273 MUR
10 December 2023	1 ZAR = 2.317 MUR
11 December 2023	1 ZAR = 2.296 MUR
12 December 2023	1 ZAR = 2.260 MUR
13 December 2023	1 ZAR = 2.283 MUR
14 December 2023	1 ZAR = 2.340 MUR
15 December 2023	1 ZAR = 2.348 MUR
16 December 2023	1 ZAR = 2.392 MUR
17 December 2023	1 ZAR = 2.392 MUR
18 December 2023	1 ZAR = 2.339 MUR
19 December 2023	1 ZAR = 2.347 MUR
20 December 2023	1 ZAR = 2.355 MUR
21 December 2023	1 ZAR = 2.353 MUR
22 December 2023	1 ZAR = 2.366 MUR
23 December 2023	1 ZAR = 2.378 MUR
24 December 2023	1 ZAR = 2.378 MUR
25 December 2023	1 ZAR = 2.309 MUR
26 December 2023	1 ZAR = 2.326 MUR
27 December 2023	1 ZAR = 2.305 MUR
28 December 2023	1 ZAR = 2.379 MUR
29 December 2023	1 ZAR = 2.292 MUR

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.

Historic South African rand Mauritian Rupee