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

South African rand mauritian rupee history for October 2023. The highest quote for this month is 2.346 (28/10/2023) and the lowest 2.3492 (01/10/2023). The difference between high and low is -0.14.

ZAR MUR average rate for October 2023 is 2.27764, the change between 01/10/2023 and 31/10/2023 is +1.66 %.

01 October 2023	1 ZAR = 2.349 MUR
02 October 2023	1 ZAR = 2.303 MUR
03 October 2023	1 ZAR = 2.240 MUR
04 October 2023	1 ZAR = 2.234 MUR
05 October 2023	1 ZAR = 2.216 MUR
06 October 2023	1 ZAR = 2.193 MUR
07 October 2023	1 ZAR = 2.283 MUR
09 October 2023	1 ZAR = 2.232 MUR
10 October 2023	1 ZAR = 2.236 MUR
11 October 2023	1 ZAR = 2.252 MUR
12 October 2023	1 ZAR = 2.278 MUR
13 October 2023	1 ZAR = 2.251 MUR
16 October 2023	1 ZAR = 2.283 MUR
17 October 2023	1 ZAR = 2.289 MUR
18 October 2023	1 ZAR = 2.284 MUR
19 October 2023	1 ZAR = 2.260 MUR
20 October 2023	1 ZAR = 2.259 MUR
21 October 2023	1 ZAR = 2.338 MUR
22 October 2023	1 ZAR = 2.326 MUR
23 October 2023	1 ZAR = 2.283 MUR
24 October 2023	1 ZAR = 2.267 MUR
25 October 2023	1 ZAR = 2.305 MUR
26 October 2023	1 ZAR = 2.247 MUR
27 October 2023	1 ZAR = 2.267 MUR
28 October 2023	1 ZAR = 2.346 MUR
29 October 2023	1 ZAR = 2.346 MUR
30 October 2023	1 ZAR = 2.299 MUR
31 October 2023	1 ZAR = 2.310 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