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.

Chinese Yuan Renminbi

Chinese Yuan Renminbi

The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity. More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the American Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th by 2015.On 1 October 2016, the RMB became the first emerging market currency to be included in the IMF's special drawing rights basket, the basket of currencies used by the IMF (reserve currency).

5 Mauritian Rupee to Chinese Yuan Renminbi exchange rates chart

5 MUR to CNY exchange rates graph
5 MUR to CNY 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.

5 MUR to CNY exchange rates FAQs

What is 5 MUR to CNY?

The meaning of 5 MUR to CNY is to exchange 5 Mauritian Rupee to Chinese Yuan Renminbi 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 5 MUR to CNY on the chart below.

Who can exchange 5 MUR to CNY?

Anyone with 5 Mauritian Rupee can find a local bank or a bureau de change to convert into Mauritian Rupee. However, if neither MUR nor CNY 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 5 MUR to CNY?

Due to the nature of the forex market, the exchange rates for 5 MUR to CNY 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 5 MUR to CNY?

Most likely you are traveling and want to get some Chinese Yuan Renminbi cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 5 Mauritian Rupee to Chinese Yuan Renminbi. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 5 MUR to CNY?

Usually you can find a local bank, post office or bureau de change to exchange 5 MUR to CNY. 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 Chinese Yuan Renminbi 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 5 MUR to CNY?

Use the tool we provided here to find the best exchange rates for 5 Mauritian Rupee to Chinese Yuan Renminbi. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 5 MUR 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!

5 MUR to CNY exchange rates table

Exchange MUR to CNY
5 Mauritian Rupee = 0.983 Chinese Yuan Renminbi
10 Mauritian Rupee = 1.966 Chinese Yuan Renminbi
25 Mauritian Rupee = 4.915 Chinese Yuan Renminbi
50 Mauritian Rupee = 9.831 Chinese Yuan Renminbi
Exchange Mauritian Rupee to Chinese Yuan Renminbi
5 Mauritian Rupee to Chinese Yuan Renminbi 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.

5 MUR to CNY exchange rates tweets

5 MUR to CNY 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
5 MUR to CNY 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
5 MUR to CNY 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
5 MUR to CNY 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
5 MUR to CNY added 1 tweet
2019-02-07 06:31:04 UTC
Does anybody know if sectary of state John Kerry was considering stoping the US Dollar to be used in international… https://t.co/6JntqoLZq7
5 MUR to CNY added 1 tweet
2019-02-07 18:04:19 UTC
RT @SaveAslave: Does anybody know if sectary of state John Kerry was considering stoping the US Dollar to be used in international… https://t.co/6JntqoLZq7
5 MUR to CNY added 1 tweet
2019-02-08 01:31:21 UTC
RT @rotkehlchenio: Ever wondered why the Chinese currency has two different symbols? The RMB and the CNY? The first stands for Renminb… https://t.co/daWNHNQ8F9
5 MUR to CNY added 1 tweet
2019-02-08 01:42:04 UTC
RT @rotkehlchenio: Ever wondered why the Chinese currency has two different symbols? The RMB and the CNY? The first stands for Renminb… https://t.co/daWNHNQ8F9
5 MUR to CNY added 1 tweet
2019-02-08 18:48:28 UTC
Wordt Chinese yuan de nieuwe wereldmunt? De dollar verliest zijn vanzelfsprekendheid en de Chinese renminbi is nad… https://t.co/87lyC9WqHO
5 MUR to CNY added 1 tweet
2019-02-11 02:57:20 UTC
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 414 basis points to 67495 against t… https://t.co/fleVth5nCw
5 MUR to CNY added 1 tweet
2019-02-11 08:45:06 UTC
#ForexNews $CNYUSD "The central parity rate of the Chinese currency renminbi, or the yuan, weakened 414 basis poin… https://t.co/lEgGrgZZcI
5 MUR to CNY added 1 tweet
2019-02-12 03:53:51 UTC
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 270 basis points to 6.7765 against… https://t.co/9EeAZeDQKl
5 MUR to CNY added 1 tweet
2019-02-12 09:15:01 UTC
#ForexNews $CNYUSD "The central parity rate of the Chinese currency renminbi, or the yuan, weakened 270 basis poin… https://t.co/yv9TPZqobf
5 MUR to CNY added 1 tweet
2019-02-12 04:52:39 UTC
The central parity rate of the #Chinese currency #renminbi, or the #yuan, weakened 270 basis points to 6.7765 again… https://t.co/8I5CQBNCic
5 MUR to CNY added 1 tweet
2019-02-11 03:53:44 UTC
The #central parity rate of the Chinese currency #renminbi, or the #yuan, weakened 414 basis points to 6.7495 again… https://t.co/etMZqssEi0

5 MUR to CNY exchange rates news

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

5 MUR to CNY currency converter

5 MUR to CNY exchange rates

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100 USD to CNY
Zhengzhou, People’s Republic of China.
100 USD to CNY
Zhengzhou, People’s Republic of China.
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