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VeChain to Mauritian Rupee Converter and calculator

Convert 1VeChain (VET) to Mauritian Rupee (MUR) equals ₨ 1.96 | 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 VeChain(VET) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 VET at a value of 1 VET for 1.96 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 VeChain currency pair is the VET to MUR, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.

VET to MUR conversion rate trend

1D7D1M3M1YAll
In the past 1D, VeChain has changed +0.93% to MUR. Based on the trend and price charts, VeChain(VET) has changed +0.93% to MUR while Mauritian Rupee(MUR) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨1.96
0.0001% / 0.0004%vip-iconVIP
Binance
₨1.96
0.1000% / 0.1000%
Yes
Huobi
₨1.96
0.1000% / 0.1000%
Yes
Gate.io
₨1.96
0.1000% / 0.1000%
Yes
KuCoin
₨1.96
0.1000% / 0.1000%
Yes
Bitfinex
₨1.99
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 08:00:36(UTC+0)

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

VeChain to Mauritian Rupee is rising this week.
VeChain's current market price is ₨ 1.96 per VET, with a total market cap of ₨ 142,653,527,366.69 MUR based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by +8.26% (₨ 235,360,596.89 MUR) in the last 24 hours. Last trading day, VET's trading volume was ₨ 2,849,263,920.54.
Market cap
$3.07B
24h volume
$66.43M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at ₨ 1.96 MUR , which means buying 5 VET will cost ₨ 9.81 MUR . Similarly, ₨1 MUR can be traded for 0.5097 VET, and ₨50 MUR can be converted to 25.49 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Mauritian Rupee has changed by +4.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.93%, reaching a high of 2.01 MUR and a low of 1.93 MUR . One month ago, the value of 1 VET was ₨ 1.99 MUR , which represents a -1.62% change from its current value. Over the last year, VeChain has changed by
+
0.9518MUR
, resulting in a change of +94.08% in its value.

VET to MUR

Amount
09:32 am today
0.5 VET
0.9809
1 VET
1.96
5 VET
9.81
10 VET
19.62
50 VET
98.09
100 VET
196.18
500 VET
980.92
1000 VET
1,961.83

MUR to VET

Amount09:32 am today
0.5MUR0.2549  VET
1MUR0.5097  VET
5MUR2.55  VET
10MUR5.1  VET
50MUR25.49  VET
100MUR50.97  VET
500MUR254.86  VET
1000MUR509.73  VET
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Today vs. 24 hours ago

Amount09:32 am today24 hours ago24h change
0.5 VET$0.02113$0.02093
+0.93%
1 VET$0.04225$0.04186
+0.93%
5 VET$0.2113$0.2093
+0.93%
10 VET$0.4225$0.4186
+0.93%
50 VET$2.11$2.09
+0.93%
100 VET$4.23$4.19
+0.93%
500 VET$21.13$20.93
+0.93%
1000 VET$42.25$41.86
+0.93%

Today vs. 1 month ago

Amount09:32 am today1 month ago1M change
0.5 VET$0.02113$0.02147
-1.62%
1 VET$0.04225$0.04295
-1.62%
5 VET$0.2113$0.2147
-1.62%
10 VET$0.4225$0.4295
-1.62%
50 VET$2.11$2.15
-1.62%
100 VET$4.23$4.29
-1.62%
500 VET$21.13$21.47
-1.62%
1000 VET$42.25$42.95
-1.62%

Today vs. 1 year ago

Amount09:32 am today1 year ago1Y change
0.5 VET$0.02113$0.01088
+94.08%
1 VET$0.04225$0.02175
+94.08%
5 VET$0.2113$0.1088
+94.08%
10 VET$0.4225$0.2175
+94.08%
50 VET$2.11$1.09
+94.08%
100 VET$4.23$2.18
+94.08%
500 VET$21.13$10.88
+94.08%
1000 VET$42.25$21.75
+94.08%

FAQ

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