Time Period: 1723-1810 - French colony of Mascarenes
Timeline
- 01.05.1723
- Rating of the Spanish Dollar (8 Spanish Real in silver) at 3 Mascarenes "Colonial Livres" (= 60 Sols)
- 01.05.1723
- Ordinance on the import of copper coins of 2, 1 Sol (from Pondichery mint)
- 18.12.1723: Ordinance on the immediate ban of the Pondicherry coinage.
- 08.02.1739
- Rating of foreign coins:
- Spanish Dollar (8 Spanish Real in silver) at 3⅗ Mascarenes Livres (= 72 Sols)
- South Indian Pagoda (Gold) at 1¼ Mascarenes Livres (= 25 Sols)
- South Indian Fanam (Silber) at 4½ Mascarenes Sols.
- ??.??.1764
- Issuance of paper money by the French East India Society
- 14.06.1764: Ordinance on the demonetization of the French East India Society paper money
- ??.12.1766
- Rating of the Spanish Dollar (8 Spanish Real in silver) at 53⁄10 Mascarenes Livres (= 106 Sols)
- 1766-1793
- Issuance of (increasingly inflationary) paper money by the colonial government:
- ??.12.1766: Issuance of paper money of 3, 2, 1, ½ Mascarenes Livres
- ??.07.1768: Issuance of paper money of 24, 12, 6, 3 Mascarenes Livres
- ??.09.1771: Issuance of paper money of 500, 100, 20, 6 Mascarenes Livres
- 10.06.1788: Issuance of paper money of 1'000 - 2½ Mascarenes Livres
- 28.07.1790: Issuance of paper money of 10'000, 1'000 Mascarenes Livres
- 11.04.1793: Further issuance of paper money
- 05.11.1771
- Rating of the Spanish Dollar (8 Spanish Real in silver) at 6 Mascarenes Livres (= 120 Sols)
- 1779-1781
- Issuance of subsidiary coins:
xx.08.1779: First issue of a coin of 3 Mascarenes Sols
- xx.03.1781: First issue of a coin of 3 Mascarenes Sols.
- xx.03.1781
- Rating of the Spanish Dollar (8 Spanish Real in silver) at 10 Mascarenes Livres (= 200 Sols)
- 10.11.1781
- Rating of the Spanish Dollar (8 Spanish Real in silver) at 52⁄5 French Livres for all colonies
- around 1808
- Demonetization of the inflationary paper money at a rate of 10'000 Mascarenes Livres = 5 French Livres (in silver)
- 08.03.1810
- Ordinance [No. 211] (by Governor Charles M.I. DeCaen) on a currency reform and introduction of a 2nd Mascarenes "Colonial Livre" in the bimetallic standard (AU : AG = 16.188); effective immediately but not implemented due to the British occupation:
- Rate: 1 Mascarenes Livre (1810) = 2'000 Mascarenes Livres (1723, paper)
- Gold: 364⁄7 Pistols of 40 Livres to the Paris mark gold 20 carats (Livre = 137.81mg AU fine)
- Silver: 91⁄7 Piastres of 10 Livres to the Paris mark silver 10 deniers (Livre = 2'230.82mg AG fine).
- Only a few pieces of the Piastre of 10 Livres in silver, later called "DeCaen Piastre", could be produced and issued.
Time Period: 1810-1876 - British colony
Timeline
- 06.12.1810
- Rating of British Indian coins against the Spanish Dollar (8 Spanish Real in silver):
Silver: 1 Spanish Dollar = 2 Sicca Rupees (Bengal Presidency) = 2⅕ Arcot Rupees (Madras Presidency) zu 1 Dollar
- Gold: Sicca Mohur (Bengal Presidency) = 9 Spanish Dollars; Surat Mohar (Bombay Presidency) = 7½ Spanish Dollar
- 01.07.1813
- Issuance of government paper money, denominated in "Crown" = Spanish Dollar = 10 Mascarenes Livres (1810)
- 25.06.1821: Ordinance on the demonetization of the 1813 paper money; effective 24.12.1824.
- 19.03.1822
- Issuance of subsidiary coins denominated 50, 25 Sols (= 2½, 1¼ Mascarenes Livre), rated at ¼, ⅛ Spanish Dollar
- ??.??.1831: Demonetization and withdrawal of the 1822 subsidiary coins
- 04.08.1831: Re-issuance of the withdrawn 1822 subsidiary coins with a new rating of 0.40, 0.20 "Colonial Dollars"
- 24.09.1822
- Issuance of colonial silver coins (for general use) at ¼, ⅛, 1⁄16 Dollars (referred to as "anchor coinage" after the coin image)
- 10.12.1824
- Governor's resolution on the creation of an accounting unit Mauritian "Colonial Dollar" with ratings:
Sicca Rupee (Bengal) = 0.50 Mauritian Dollar; Rupee (Madras, Bombay) = 0.47 Mauritian Dollar
- Spanish Dollar = 1.08 Mauritian Dollar; "DeCaen-Piastre" = 0.98 Mauritian Dollar
- 5 French Francs (silver) = 0.99 Mauritian Dollar
Sicca Mohur (Bengal) = 8 Mauritian Dollars; Mohur (Madras, Bombay) = 7 Mauritian Dollars
British Sovereign = 5 Mauritian Dollars
- 20 French Francs (gold) = 4 Mauritian Dollars
- 25.11.1825
- Proclamation [No. 3] of a British ordinance [Order in Council, dated 23.03.1825] introducing British silver and copper coins at a rate of Spanish Dollar = 52 Pence Sterling, translated as "Colonial Dollar" = 48 Pence Sterling; effective immediately
- 1843-1870
- Proclamations regulating the usage of coinage in Mauritius:
- 01.02.1843: Admitted Indian, Spanish, and French silver coins for payments
- 18.10.1852: Admitted all British coinage for payments
- 22.10.1856: Admitted Australian gold coins from Sydney mint for payments; same coins from Melbourne mint were admitted on 07.08.1869
- 19.07.1870: Revocation of legal tender status of Frnch 2, 1 Francs in silver.
- 28.08.1849
- Ordinance [No. 6] on the establishment of a currency commission for Mauritus; effective upon constitution of the commission on 01.09.1849
Time Period: 1877-
Currency: Mauritian Rupee
- Transition
- 2 : 1 Mauritian Dollar
- Sub-units
- Rupee / 100 Cents
- ISO4217
- MUR
Timeline
- 25.11.1876
- Ordinance [No. 28], proclaiming a British Order in Council dated 12.08.1876, on the creation of a distinct currency; effective 01.01.1877
- 01.01.1877
- Start of currency exchange:
- 01.01.1877: Start of issuance of the new banknotes and coins
- 31.12.1877: Demonetization of the former and foreign currencies, except for Indian coinage
- 31.07.1920: Ordinance [No. 30], admitted Indian paper money for payments; effective immediately.
- 29.03.1934
- Ordinance [No. 11?] on the transformation of the Currency Commission into the Mauritius Currency Board and the separation of the Mauritian and Indian currencies; effective upon constitution of the board on 01.04.1934:
- 26.11.1938: Ordinance [No. 39] on the demonetization of the Indian paper money and coins; effective 31.12.1938
- 28.09.1966
- Ordinance [Bank of Mauritius, No. 43] on the establishment of the central bank; effective upon the constitution of the bank on 14.08.1967
Valuation Regimes
- 1877-1934
- Fixed rate against Indian Rupee
- 1934-1976
- Fixed rate against British Pound
- 1976-1983
- Fixed rate against IMF Special Drawing Rights (SDR) unit
- 1983-
- Variable rate
Rate Arrangements
- 01.01.1877
- Fixed
- Indian Rupee at 1 : 1
- -
- 01.04.1934
- Fixed
- British Pound at 1 : 13⅓
- ±0.0%
- 05.01.1976
- Fixed
- SDR at 1 : 7.714
- ±0.0%
- 23.10.1979
- Fixed
- SDR at 1 : 10
- -22.9%
- 27.09.1981
- Fixed
- SDR at 1 : 12
- -16.7%
- 28.02.1983
- Variable
- initially: SDR at 1 : 12
- ±0.0%
End-year Forex Rates (Units per US Dollar)
- Year
- Code
- Ratio
- Rate
- Delta
- Comment
- 1946
- MUR
- 1
- 3.31
- ±0.0%
- fixed against GBP
- 1947
- MUR
- 1
- 3.31
- ±0.0%
- fixed against GBP
- 1948
- MUR
- 1
- 3.31
- ±0.0%
- fixed against GBP
- 1949
- MUR
- 1
- 4.76
- -30.5%
- fixed against GBP
- 1950
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1951
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1952
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1953
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1954
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1955
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1956
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1957
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1958
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1959
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1960
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1961
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1962
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1963
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1964
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1965
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1966
- MUR
- 1
- 4.76
- ±0.0%
- fixed against GBP
- 1967
- MUR
- 1
- 5.56
- -14.3%
- fixed against GBP
- 1968
- MUR
- 1
- 5.56
- ±0.0%
- fixed against GBP
- 1969
- MUR
- 1
- 5.56
- ±0.0%
- fixed against GBP
- 1970
- MUR
- 1
- 5.56
- ±0.0%
- fixed against GBP
- 1971
- MUR
- 1
- 5.22
- +6.4%
- fixed against GBP
- 1972
- MUR
- 1
- 5.68
- -8.1%
- fixed against GBP
- 1973
- MUR
- 1
- 5.75
- -1.3%
- fixed against GBP
- 1974
- MUR
- 1
- 5.68
- +1.3%
- fixed against GBP
- 1975
- MUR
- 1
- 6.59
- -13.8%
- fixed against GBP
- 1976
- MUR
- 1
- 6.64
- -0.8%
- fixed against XDR
- 1977
- MUR
- 1
- 6.35
- +4.6%
- fixed against XDR
- 1978
- MUR
- 1
- 5.90
- +7.6%
- fixed against XDR
- 1979
- MUR
- 1
- 7.59
- -22.3%
- fixed against XDR
- 1980
- MUR
- 1
- 7.83
- -3.1%
- fixed against XDR
- 1981
- MUR
- 1
- 10.33
- -24.2%
- fixed against XDR
- 1982
- MUR
- 1
- 10.90
- -5.2%
- fixed against XDR
- 1983
- MUR
- 1
- 12.71
- -14.3%
- 1984
- MUR
- 1
- 15.66
- -18.8%
- 1985
- MUR
- 1
- 14.21
- +10.2%
- 1986
- MUR
- 1
- 13.08
- +8.6%
- 1987
- MUR
- 1
- 12.08
- +8.3%
- 1988
- MUR
- 1
- 13.90
- -13.1%
- 1989
- MUR
- 1
- 15.05
- -7.6%
- 1990
- MUR
- 1
- 14.25
- +5.6%
- 1991
- MUR
- 1
- 14.85
- -4.1%
- 1992
- MUR
- 1
- 17.06
- -13.0%
- 1993
- MUR
- 1
- 18.73
- -8.9%
- 1994
- MUR
- 1
- 18.11
- +3.4%
- 1995
- MUR
- 1
- 18.33
- -1.2%
- 1996
- MUR
- 1
- 19.90
- -7.9%
- 1997
- MUR
- 1
- 22.26
- -10.6%
- 1998
- MUR
- 1
- 24.78
- -10.2%
- 1999
- MUR
- 1
- 25.47
- -2.7%
- 2000
- MUR
- 1
- 27.82
- -8.5%
- 2001
- MUR
- 1
- 30.23
- -8.0%
- 2002
- MUR
- 1
- 29.21
- +3.5%
- 2003
- MUR
- 1
- 26.59
- +9.9%
- 2004
- MUR
- 1
- 28.78
- -7.6%
- 2005
- MUR
- 1
- 30.55
- -5.8%
- 2006
- MUR
- 1
- 32.80
- -6.9%
- 2007
- MUR
- 1
- 28.15
- +16.5%
- 2008
- MUR
- 1
- 31.77
- -11.4%
- 2009
- MUR
- 1
- 30.40
- +4.5%
- 2010
- MUR
- 1
- 30.32
- +0.3%
- 2011
- MUR
- 1
- 29.34
- +3.3%
- 2012
- MUR
- 1
- 30.54
- -3.9%
- 2013
- MUR
- 1
- 30.13
- +1.4%
- 2014
- MUR
- 1
- 31.62
- -4.7%
- 2015
- MUR
- 1
- 35.99
- -12.1%
- 2016
- MUR
- 1
- 36.15
- -0.5%
- 2017
- MUR
- 1
- 33.69
- +7.3%
- 2018
- MUR
- 1
- 34.34
- -1.9%
- 2019
- MUR
- 1
- 36.36
- -5.6%
- 2020
- MUR
- 1
- 39.38
- -7.7%
- 2021
- MUR
- 1
- 43.41
- -9.3%
- 2022
- MUR
- 1
- 43.89
- -1.1%
- 2023
- MUR
- 1
- 43.99
- -0.2%
- 2024
- MUR
- 1
- 47.00
- -6.4%