Indian Rupee in Mauritian Rupee

INR Indian Rupee

Country of application:
India

Coin denominations in circulation:
10, 5, 2 and 1 rupee, 50, 25, 20 and 10 paise.

Denominations of banknotes in circulation:
Rs 2,000, 500, 100, 50, 20, 10 and 5.

History reference:
The Indian rupee is the currency of the Republic of India. Bank code INR. The latest series of Indian banknotes is entirely dedicated to Mahatma Gandhi, the leader of the movement for the countrys in...dependence from Great Britain, a supporter of the method of non-violent resistance in the struggle for transformation in society. His portrait adorns the front side of all banknotes from 5 to 2,000 rupees. For example, on the back of 500 rupees - an illustration of one of the episodes of Mahatma Gandhis peaceful struggle against colonial taxes, the so-called Salt March - a procession to protest against the salt tax, which united tens of thousands of Hindus during 1930. Banknotes of 1000 rupees at the beginning of 2017 went out of circulation. On the territory of the country there is a wonderful coin museum, which presents all the coins that have ever existed in the country. Soon, the rupiah currency appeared on the territory of the country, which appeared under the ruler Sher Shah (1539–1545). It gained particular distribution in the country under the ruler Akbar (1556-1605).

MUR Mauritian Rupee

Country of application:
Mauritius

Coin denominations in circulation:
1, 5, 20 cents 0.5, 1, 5, 10, 20 rupees

Denominations of banknotes in circulation:
25, 50, 100, 200, 500, 1000, 2000 rupees

History reference:
The Mauritian rupee is the national currency of the Republic of Mauritius. The territory of Mauritius covers the islands of Mauritius, Rodrigues, Agalega and the Cargados-Carajos archipelago, which a...re about 900 kilometers away to the east from the coast of the island of Madagascar. In addition, Mauritius lays claim to a number of islands and archipelagos in the Indian Ocean, which belong to Great Britain and France. Among them, it is worth noting the Chagos archipelago and Tromelin Island (condominium with France). During the colonial period of the existence of Mauritius, the Indian rupee was used as the main means of payment. In 1877, the British colonial authorities introduced the Mauritian rupee, which was divided into pence and shillings. In 1968, the Bank of Mauritius carried out a monetary reform and replaced the old banknotes with new ones. Further inflation processes led to the fact that the Bank of Mauritius was forced to issue banknotes of higher denominations.