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IOTA to Mauritian Rupee Converter and calculator

Convert 1IOTA (IOTA) to Mauritian Rupee (MUR) equals ₨ 10.46 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of IOTA(IOTA) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 10.46 MUR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 IOTA currency pair is the IOTA to MUR, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.

IOTA to MUR conversion rate trend

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In the past 1D, IOTA has changed -2.69% to MUR. Based on the trend and price charts, IOTA(IOTA) has changed -2.69% to MUR while Mauritian Rupee(MUR) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨10.46
0.0001% / 0.0004%vip-iconVIP
Binance
₨10.46
0.1000% / 0.1000%
Yes
OKX
₨10.46
0.080% / 0.100%
Yes
Huobi
₨11.5
0.1000% / 0.1000%
Yes
Gate.io
₨10.46
0.1000% / 0.1000%
Yes
KuCoin
₨10.47
0.1000% / 0.1000%
Yes
Last updated 2024/05/22 12:00:17(UTC+0)

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

IOTA to Mauritian Rupee is rising this week.
IOTA's current market price is ₨ 10.46 per IOTA, with a total market cap of ₨ 34,170,830,408.02 MUR based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by -45.85% (₨ -724,339,724.31 MUR) in the last 24 hours. Last trading day, IOTA's trading volume was ₨ 1,579,896,142.86.
Market cap
$742.15M
24h volume
$18.58M
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is decreasing.
1 IOTA is currently valued at ₨ 10.46 MUR , which means buying 5 IOTA will cost ₨ 52.28 MUR . Similarly, ₨1 MUR can be traded for 0.09563 IOTA, and ₨50 MUR can be converted to 4.78 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Mauritian Rupee has changed by +12.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.69%, reaching a high of 10.85 MUR and a low of 10.42 MUR . One month ago, the value of 1 IOTA was ₨ 11.03 MUR , which represents a -5.19% change from its current value. Over the last year, IOTA has changed by
+
1.96MUR
, resulting in a change of +22.97% in its value.

IOTA to MUR

Amount
12:06 today
0.5 IOTA
5.23
1 IOTA
10.46
5 IOTA
52.28
10 IOTA
104.57
50 IOTA
522.84
100 IOTA
1,045.69
500 IOTA
5,228.45
1000 IOTA
10,456.89

MUR to IOTA

Amount12:06 today
0.5MUR0.04782  IOTA
1MUR0.09563  IOTA
5MUR0.4782  IOTA
10MUR0.9563  IOTA
50MUR4.78  IOTA
100MUR9.56  IOTA
500MUR47.82  IOTA
1000MUR95.63  IOTA
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Today vs. 24 hours ago

Amount12:06 today24 hours ago24h change
0.5 IOTA$0.1136$0.1167
-2.69%
1 IOTA$0.2271$0.2334
-2.69%
5 IOTA$1.14$1.17
-2.69%
10 IOTA$2.27$2.33
-2.69%
50 IOTA$11.36$11.67
-2.69%
100 IOTA$22.71$23.34
-2.69%
500 IOTA$113.56$116.7
-2.69%
1000 IOTA$227.11$233.4
-2.69%

Today vs. 1 month ago

Amount12:06 today1 month ago1M change
0.5 IOTA$0.1136$0.1198
-5.19%
1 IOTA$0.2271$0.2396
-5.19%
5 IOTA$1.14$1.2
-5.19%
10 IOTA$2.27$2.4
-5.19%
50 IOTA$11.36$11.98
-5.19%
100 IOTA$22.71$23.96
-5.19%
500 IOTA$113.56$119.78
-5.19%
1000 IOTA$227.11$239.57
-5.19%
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Today vs. 1 year ago

Amount12:06 today1 year ago1Y change
0.5 IOTA$0.1136$0.09228
+22.97%
1 IOTA$0.2271$0.1846
+22.97%
5 IOTA$1.14$0.9228
+22.97%
10 IOTA$2.27$1.85
+22.97%
50 IOTA$11.36$9.23
+22.97%
100 IOTA$22.71$18.46
+22.97%
500 IOTA$113.56$92.28
+22.97%
1000 IOTA$227.11$184.57
+22.97%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.3174 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by -18.00%. By the end of 2030, the IOTA price is projected to reach $0.4324, with a cumulative ROI of +90.39%.
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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.