Introduction
The Mauritian rupee (MUR) is the official currency of Mauritius. It is subdivided into 100 cents. The MUR is pegged to the euro (EUR) at a rate of 1 EUR = 32.30 MUR. This means that 12000 MUR is worth approximately 371 EUR.
Historical exchange rates between the MUR and the EUR
The MUR has been pegged to the euro since 1998. Prior to that, it was pegged to the French franc. The following table shows the historical exchange rates between the MUR and the EUR since 1998:
Year | MUR/EUR |
---|---|
1998 | 32.30 |
1999 | 32.30 |
2000 | 32.30 |
2001 | 32.30 |
2002 | 32.30 |
2003 | 32.30 |
2004 | 32.30 |
2005 | 32.30 |
2006 | 32.30 |
2007 | 32.30 |
2008 | 32.30 |
2009 | 32.30 |
2010 | 32.30 |
2011 | 32.30 |
2012 | 32.30 |
2013 | 32.30 |
2014 | 32.30 |
2015 | 32.30 |
2016 | 32.30 |
2017 | 32.30 |
2018 | 32.30 |
2019 | 32.30 |
2020 | 32.30 |
2021 | 32.30 |
2022 | 32.30 |
As you can see, the MUR has been very stable against the EUR over the past 25 years. This is due to the Mauritian government's commitment to maintaining a stable exchange rate.
Factors that affect the exchange rate between the MUR and the EUR
The exchange rate between the MUR and the EUR is determined by a number of factors, including:
Tips for getting the best exchange rate when converting MUR to EUR
If you are planning to convert MUR to EUR, there are a few things you can do to get the best possible exchange rate:
Conclusion
The MUR is a stable currency that is pegged to the EUR. The exchange rate between the MUR and the EUR is determined by a number of factors, including the economic policies of Mauritius and the eurozone, the global economic outlook, and political events. If you are planning to convert MUR to EUR, there are a few things you can do to get the best possible exchange rate.
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