Indian Rupee

Indian Rupee

The Indian rupee (sign: ₹; code: INR) is the official currency of the Republic of India. The rupee is subdivided into 100 paise (singular paisa), though as of 2018, coins of denomination of 50 paise or half rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. The rupee is named after the silver coin, rupiya, first issued by Sultan Sher Shah Suri in the 16th century and later continued by the Mughal Empire. In 2010, a new rupee symbol '₹', was officially adopted. It was derived from the combination of the Devanagari consonant "र" (ra) and the Latin capital letter "R" without its vertical bar (similar to the R rotunda). The parallel lines at the top (with white space between them) are said to make an allusion to the tricolour Indian flag, and also depict an equality sign that symbolises the nation's desire to reduce economic disparity. The first series of coins with the new rupee symbol started in circulation on 8 July 2011. On 8 November 2016 the Government of India announced the demonetisation of ₹500 and ₹1000 banknotes with effect from midnight of the same day, making these notes invalid. A newly redesigned series of ₹500 banknote, in addition to a new denomination of ₹2000 banknote is in circulation since 10 November 2016. The new redesigned series is also expected to be enlarged with banknotes in the denominations of ₹1000, ₹100 and ₹50 in the coming months.On 25 August 2017, a new denomination of ₹200 banknote was added to Indian currency to fill the gap of notes due to high demand for this note after demonetisation.In July 2018, the Reserve Bank Of India released the ₹100 banknote.

Mauritian Rupee

Mauritian Rupee

The rupee (sign: ₨; ISO 4217 code: MUR; pronunciation: [ʁupi]) is the currency of Mauritius. One rupee is subdivided into 100 cents. Several other currencies are also called rupee.

2 Indian Rupee to Mauritian Rupee exchange rates chart

2 INR to MUR exchange rates graph
2 INR to MUR exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 INR to MUR exchange rates FAQs

What is 2 INR to MUR?

The meaning of 2 INR to MUR is to exchange 2 Indian Rupee to Mauritian Rupee by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 2 INR to MUR on the chart below.

Who can exchange 2 INR to MUR?

Anyone with 2 Indian Rupee can find a local bank or a bureau de change to convert into Indian Rupee. However, if neither INR nor MUR is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 2 INR to MUR?

Due to the nature of the forex market, the exchange rates for 2 INR to MUR is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 2 INR to MUR?

Most likely you are traveling and want to get some Mauritian Rupee cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 2 Indian Rupee to Mauritian Rupee. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 2 INR to MUR?

Usually you can find a local bank, post office or bureau de change to exchange 2 INR to MUR. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Mauritian Rupee you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 2 INR to MUR?

Use the tool we provided here to find the best exchange rates for 2 Indian Rupee to Mauritian Rupee. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 2 INR in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

2 INR to MUR exchange rates table

Exchange INR to MUR
2 Indian Rupee = 0.965 Mauritian Rupee
4 Indian Rupee = 1.930 Mauritian Rupee
10 Indian Rupee = 4.826 Mauritian Rupee
20 Indian Rupee = 9.652 Mauritian Rupee
Exchange Indian Rupee to Mauritian Rupee
2 Indian Rupee to Mauritian Rupee Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

2 INR to MUR exchange rates tweets

2 INR to MUR added 1 tweet
2019-02-17 09:09:42 UTC
@narendramodi Modi ji ! I have a request, what Akshay Kumar has done for our jawans bank account and per day 1 rupe… https://t.co/d6yKCpggNH
2 INR to MUR added 1 tweet
2019-02-17 09:48:46 UTC
RT @sell__bitcoin: Buy & Sell Bitcoins to Credit Card, Debit Card and Prepaid Card Instant autoexchange 24/7/365 No Exchange Fee UK… https://t.co/xKXqBZEz6B
2 INR to MUR added 1 tweet
2019-02-17 10:07:25 UTC
RT @IndoIslamicPage: Sher Shah & The Indian Rupee    Silver coins introduced by Sher Shah Suri were the first time an Indian currency w… https://t.co/r97RvuPnUi
2 INR to MUR added 1 tweet
2019-02-17 10:11:39 UTC
@RailMinIndia Sir I am Animesh Pal. I went to collect ticket in howrah. I gave them 100 rupee note and they refused… https://t.co/AhKLG76NXJ
2 INR to MUR added 1 tweet
2019-02-17 11:33:00 UTC
Indian Army ने यह जंग भी शुरू नहीं करी but they will bloody well finish it and I am with them emotion-to-emotion, s… https://t.co/d3LjwI46vN
2 INR to MUR added 1 tweet
2019-02-17 11:44:01 UTC
RT @SirrrJadeja: Plz Donate As Much As You Can. If Every Indian Will Donate Only 1 Rupee Its Equal To 130 Crore Rupees For… https://t.co/gEBe9UiX2O
2 INR to MUR added 1 tweet
2019-02-17 12:28:35 UTC
RT @FoolishFactBot: Did you know Indian 5 Rupee Coins were smuggled out to Bangladesh,melted and were used to make razors #Fact #Facts #rupee
2 INR to MUR added 1 tweet
2019-02-17 12:32:29 UTC
Plz Donate As Much As You Can. If half of all Indian Will Donate Only 5 Rupee Its Equal To 325 Crore Rupees For… https://t.co/bZmqLApw7G
2 INR to MUR added 1 tweet
2019-02-17 12:53:54 UTC
Indian rupee is hindi word ra with slash thru it Chinese yen is a Y with a slash thru it The european euro is an E… https://t.co/goWuNFfdNZ
2 INR to MUR added 1 tweet
2019-02-17 13:51:23 UTC
RT @ShivamM76615996: Indian Army ने यह जंग भी शुरू नहीं करी but they will bloody well finish it and I am with them emotion-to-emotion, s… https://t.co/d3LjwI46vN
2 INR to MUR added 1 tweet
2019-02-17 13:57:57 UTC
@News18India After the massive failure of demonetisation,record high price of petrol and diesel,declining value of… https://t.co/5vumbknBOi
2 INR to MUR added 1 tweet
2019-02-17 13:57:58 UTC
RT @ShivamM76615996: Indian Army ने यह जंग भी शुरू नहीं करी but they will bloody well finish it and I am with them emotion-to-emotion, s… https://t.co/d3LjwI46vN
2 INR to MUR added 1 tweet
2019-02-17 13:58:12 UTC
RT @ShivamM76615996: Indian Army ने यह जंग भी शुरू नहीं करी but they will bloody well finish it and I am with them emotion-to-emotion, s… https://t.co/d3LjwI46vN
2 INR to MUR added 1 tweet
2019-02-17 14:07:56 UTC
@EconomicTimes @narendramodi After the massive failure of demonetisation,record high price of petrol and diesel,dec… https://t.co/iCn1weXwkI
2 INR to MUR added 1 tweet
2019-02-17 14:10:27 UTC
@News18India After the massive failure of demonetisation,record high price of petrol and diesel,declining value of… https://t.co/2NxTSVrjjt
2 INR to MUR added 1 tweet
2019-02-17 14:11:27 UTC
@NadeemfParacha Better then indian rupee or irani currency.
2 INR to MUR added 1 tweet
2019-02-17 14:27:54 UTC
Dear Indian Hindus, please boycott Pakistan and Pakistanis. We must not spend a single rupee on anything that is… https://t.co/Vva2ZGuTXn
2 INR to MUR added 1 tweet
2019-02-17 14:29:22 UTC
RT @SunilKumarAus: Dear Indian Hindus, please boycott Pakistan and Pakistanis. We must not spend a single rupee on anything that is… https://t.co/Vva2ZGuTXn
2 INR to MUR added 1 tweet
2019-02-17 14:50:05 UTC
We expect the Korean won to follow a similar trend to the Indian Rupee -- strengthening for a bit longer into Q2 be… https://t.co/pUkyiIuQCs
2 INR to MUR added 1 tweet
2019-02-17 15:17:52 UTC
RT @SyzygyInfinite: Hey guys! A few days ago there was a suicide bombing in the Pulwama District, where 49 Jawans (Indian Army Soldiers… https://t.co/Ol1ZpBphmI
2 INR to MUR added 1 tweet
2019-02-11 11:30:00 UTC
Governor Googoolye said “We are really pleased with the new 2000 Rupee banknote that has been launched and hope tha… https://t.co/0dREZ6V2mm
2 INR to MUR added 1 tweet
2019-02-11 11:32:29 UTC
RT @alykhansatchu: Governor Googoolye said “We are really pleased with the new 2000 Rupee banknote that has been launched and hope tha… https://t.co/0dREZ6V2mm
2 INR to MUR added 1 tweet
2019-02-11 11:40:55 UTC
RT @alykhansatchu: Governor Googoolye said “We are really pleased with the new 2000 Rupee banknote that has been launched and hope tha… https://t.co/0dREZ6V2mm
2 INR to MUR added 1 tweet
2019-02-15 10:30:00 UTC
Governor Googoolye said “We are really pleased with the new 2000 Rupee banknote that has been launched and hope tha… https://t.co/6AofNUR3UD

2 INR to MUR exchange rates news

Pound US Dollar GBP/USD GBP/INR Exchange Rate Forecast w/c 4th Feb
Pound US Dollar GBP/USD GBP/INR Exchange Rate Forecast w/c 4th Feb

The week ahead has a number of events which could impact the Pound to US Dollar (GBP/USD) and Pound to Indian Rupee (GBP/INR) exchange rates.

15 days conditional positive
Mauritius bourse looks to entice African issuers with new index

The Stock Exchange of Mauritius will launch a new index next month dedicated to African firms to attract more issuers from the continent, its chief executive said.

3 months subjunctive neutral
India extends $100 million line of credit to Mauritius

Mauritius is one of Indias closest partners in the IOR and also has close links with France. It will be a key pillar in Indo-French partnership in IOR, officials said.

11 months conditional neutral
Mauritius President Quits After Clash Over Shopping Expenses

Mauritian President Ameenah Gurib-Fakim, the island nation’s first woman head of state, quit in the wake of a scandal over a shopping expenses that led to a breakdown in her relationship with the prime minister.

11 months conditional neutral

2 INR to MUR currency converter

2 INR to MUR exchange rates

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