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base info Arbitrum

Arbitrum to Mauritian Rupee Converter and calculator

Convert 1Arbitrum (ARB) to Mauritian Rupee (MUR) equals ₨ 54.16 | Bitget

MUR information

About the Mauritian Rupee (MUR)

What Is the Mauritian Rupee (MUR)?

The Mauritian Rupee, abbreviated as MUR and often denoted by the currency sign "Rs", is the official currency of Mauritius, an island nation in the Indian Ocean. One rupee is subdivided into 100 cents. The currency symbolizes Mauritius's rich history and cultural diversity, reflecting its historical ties with India and its status as a vibrant, modern economy. The Mauritian Rupee is the sole legal tender in Mauritius, and it is used for all transactions within the country.

The Mauritian Rupee is issued by the Bank of Mauritius, which is the central bank of Mauritius. Established in September 1967, the Bank of Mauritius is responsible for the issuance and management of the country's currency, including both banknotes and coins.

What Is the History of MUR?

The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, the Mauritian Dollar, and the British Pound Sterling. This change was influenced by the influx of Indian rupees following the immigration of Indian workers to Mauritius's sugar plantations. The introduction of the Mauritian Rupee marked a significant step in the country's journey towards economic independence and identity.

Notes and Coins of MUR

Mauritian Rupee includes both coins and banknotes. Coins are available in denominations of 5, 20, 50 cents, as well as 1, 5, 10, and 20 rupees. Banknotes are issued in denominations of 25, 50, 100, 200, 500, 1,000, and 2,000 rupees. Each banknote features a portrait of a prominent Mauritian figure and a vignette depicting various aspects of Mauritius's culture and natural beauty. The banknotes also incorporate advanced security features, including watermarks, security threads, and elements visible under ultraviolet light.

Is MUR Pegged to USD?

No, the Mauritian Rupee (MUR) is not pegged to the United States Dollar (USD). The Mauritian Rupee operates on a floating exchange rate system, where its value is determined by the foreign exchange market through supply and demand relative to other currencies. This means that the exchange rate of the Mauritian Rupee against the US Dollar and other currencies can fluctuate based on various economic factors, including trade balances, inflation rates, interest rates, and overall economic conditions both within Mauritius and globally.

Can I Use MUR in India?

No, the Mauritian Rupee (MUR) is not accepted for transactions in India. In India, the official currency is the Indian Rupee (INR). While Mauritius and India share historical ties, and both countries use currencies called "rupee," their currencies are distinct and not interchangeable.

Is MUR a Stable Currency?

Historically, the Mauritian Rupee has shown fluctuations in its value against major currencies like the US Dollar, Euro, and Pound Sterling. For instance, over the past five years, it has experienced a depreciation against the US Dollar, with the exchange rate going from approximately 35 MUR/USD in early 2019 to about 45 MUR/USD as of January 2024. This trend indicates a relative instability in its value. While there have been periods of depreciation, the central bank has implemented measures to ensure liquidity and manage inflation, which have contributed to a degree of stability in the domestic economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Arbitrum currency pair is the ARB to MUR, with for Arbitrum's currency code being ARB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.

ARB to MUR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Arbitrum has changed -2.03% to MUR. Based on the trend and price charts, Arbitrum(ARB) has changed -2.03% to MUR while Mauritian Rupee(MUR) has changed % to ARB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨54.06
0.0001% / 0.0004%vip-iconVIP
Binance
₨54.11
0.1000% / 0.1000%
Yes
OKX
₨54.1
0.080% / 0.100%
Yes
Huobi
₨54.08
0.1000% / 0.1000%
Yes
Gate.io
₨54.12
0.1000% / 0.1000%
Yes
Bybit
₨54.04
0.1000% / 0.1000%
Yes
KuCoin
₨54.11
0.1000% / 0.1000%
Yes
Bitfinex
₨54.11
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 02:00:39(UTC+0)

What factors influence the conversion rate of Arbitrum to Mauritian Rupee?

Arbitrum to Mauritian Rupee is falling this week.
Arbitrum's current market price is ₨ 54.16 per ARB, with a total market cap of ₨ 143,728,407,239.62 MUR based on a circulating supply of 2,653,939,500 ARB. The trading volume of Arbitrum has changed by -19.52% (₨ -7,021,891,733.01 MUR) in the last 24 hours. Last trading day, ARB's trading volume was ₨ 35,971,700,321.79.
Market cap
$3.01B
24h volume
$606.41M
Circulating supply
2.65B ARB

Conversion tables

The exchange rate of Arbitrum is decreasing.
1 ARB is currently valued at ₨ 54.16 MUR , which means buying 5 ARB will cost ₨ 270.78 MUR . Similarly, ₨1 MUR can be traded for 0.01846 ARB, and ₨50 MUR can be converted to 0.9232 ARB, excluding any platform or gas fees.
The exchange rate of 1 ARB to Mauritian Rupee has changed by -27.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.03%, reaching a high of 60.43 MUR and a low of 53.67 MUR . One month ago, the value of 1 ARB was ₨ 83.35 MUR , which represents a -35.03% change from its current value. Over the last year, Arbitrum has changed by
-
24.29MUR
, resulting in a change of -30.97% in its value.

ARB to MUR

Amount
02:04 am today
0.5 ARB
27.08
1 ARB
54.16
5 ARB
270.78
10 ARB
541.57
50 ARB
2,707.83
100 ARB
5,415.66
500 ARB
27,078.31
1000 ARB
54,156.63

MUR to ARB

Amount02:04 am today
0.5MUR0.009232  ARB
1MUR0.01846  ARB
5MUR0.09232  ARB
10MUR0.1846  ARB
50MUR0.9232  ARB
100MUR1.85  ARB
500MUR9.23  ARB
1000MUR18.46  ARB
share

Today vs. 24 hours ago

Amount02:04 am today24 hours ago24h change
0.5 ARB$0.5672$0.5789
-2.03%
1 ARB$1.13$1.16
-2.03%
5 ARB$5.67$5.79
-2.03%
10 ARB$11.34$11.58
-2.03%
50 ARB$56.72$57.89
-2.03%
100 ARB$113.44$115.79
-2.03%
500 ARB$567.2$578.95
-2.03%
1000 ARB$1,134.41$1,157.89
-2.03%

Today vs. 1 month ago

Amount02:04 am today1 month ago1M change
0.5 ARB$0.5672$0.8730
-35.03%
1 ARB$1.13$1.75
-35.03%
5 ARB$5.67$8.73
-35.03%
10 ARB$11.34$17.46
-35.03%
50 ARB$56.72$87.3
-35.03%
100 ARB$113.44$174.6
-35.03%
500 ARB$567.2$872.98
-35.03%
1000 ARB$1,134.41$1,745.95
-35.03%

Today vs. 1 year ago

Amount02:04 am today1 year ago1Y change
0.5 ARB$0.5672$0.8216
-30.97%
1 ARB$1.13$1.64
-30.97%
5 ARB$5.67$8.22
-30.97%
10 ARB$11.34$16.43
-30.97%
50 ARB$56.72$82.16
-30.97%
100 ARB$113.44$164.32
-30.97%
500 ARB$567.2$821.62
-30.97%
1000 ARB$1,134.41$1,643.25
-30.97%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.