MYR to MUR Exchange Rate - Convert Malaysian Ringgit to Mauritius Rupee

Converting from Malaysian Ringgit (MYR) to Mauritius Rupee (MUR)

What is Malaysian Ringgit (MYR)

The Malaysian Ringgit (MYR) is the official currency of Malaysia. It is abbreviated as MYR and is often symbolized with "RM," which stands for "Ringgit Malaysia." The Ringgit has been in circulation since 1967, replacing the Malaya and British Borneo dollar at a rate of 1 MYR for 2.5 dollars.

The Ringgit is subdivided into 100 sen, and its value fluctuates in the global market based on various economic factors, including interest rates, inflation, and overall economic performance. The central bank of Malaysia, Bank Negara Malaysia, is responsible for issuing and managing the currency, ensuring stability and integrity in the monetary system.

The MYR is commonly used for everyday transactions in Malaysia, ranging from daily expenses like food and transportation to larger purchases such as property and vehicles. Understanding the MYR’s current status and its exchange rate can be essential, especially for travelers, investors, and businesses engaging in trade with Malaysia.

What is Mauritius Rupee (MUR)

The Mauritius Rupee (MUR) serves as the official currency of the island nation of Mauritius, located in the Indian Ocean. Symbolized as "₨" or sometimes simply "R," the Mauritius Rupee has been the cornerstone of the country's economy since it was introduced in 1876. It replaced the Indian Rupee at a rate of 1 MUR for 1.25 Indian Rupees.

The MUR is divided into 100 cents, and like the MYR, its value is subject to market fluctuations influenced by various economic conditions, including trade balances and foreign investments. The Bank of Mauritius oversees the currency system, issuing banknotes and coins and implementing monetary policy to maintain the currency's stability.

Mauritius is known for its thriving tourism sector, so the MUR is not only relevant for the local populace but also for international visitors. Currency exchange is commonly done at banks, exchange bureaus, and even at hotels for the convenience of tourists.

Conversion Between MYR and MUR

To convert between the Malaysian Ringgit and the Mauritius Rupee, the exchange rate must be considered. As of the most recent data, 1 MYR is approximately equal to a specific number of MUR, but this rate can vary daily due to economic conditions. For current exchange rates, it is advisable to check a reliable financial news source or a currency converter tool.

The formula for converting MYR to MUR can be represented as:

Amount in MUR = Amount in MYR × Exchange Rate (MYR to MUR)

For items priced in MYR, knowing how to convert this to MUR can help in budgeting and transactions during travel or trade. Understanding both currencies can enrich financial interactions and enhance the experience for anyone involved in business or travel between Malaysia and Mauritius.

Malaysian Ringgit to Mauritius Rupee conversion table

MYR to MUR conversion table

Malaysian Ringgit (MYR)Mauritius Rupee (MUR)
1 MYR10.27946650157 MUR
2 MYR20.55893300315 MUR
3 MYR30.83839950472 MUR
4 MYR41.11786600629 MUR
5 MYR51.39733250787 MUR
6 MYR61.67679900944 MUR
7 MYR71.95626551102 MUR
8 MYR82.23573201259 MUR
9 MYR92.51519851416 MUR
10 MYR102.79466501574 MUR
100 MYR1 027.94665015736 MUR
200 MYR2 055.89330031473 MUR
300 MYR3 083.83995047209 MUR
400 MYR4 111.78660062945 MUR
500 MYR5 139.73325078682 MUR
600 MYR6 167.67990094418 MUR
700 MYR7 195.62655110154 MUR
800 MYR8 223.57320125891 MUR
900 MYR9 251.51985141627 MUR
1 000 MYR10 279.46650157363 MUR
2 000 MYR20 558.93300314727 MUR
5 000 MYR51 397.33250786817 MUR
10 000 MYR102 794.66501573634 MUR
20 000 MYR205 589.33003147268 MUR
50 000 MYR513 973.3250786817 MUR
100 000 MYR1 027 946.6501573634 MUR
Last updated April 1, 2025 at 09:55 PM