The currency of Mauritius is called the Mauritian Rupee (MUR). Divided into 100 cents, the Mauritian Rupee has been the official currency of Mauritius. It is regulated by the Bank of Mauritius (BOM), and its value is influenced by various factors, including economic conditions, interest rates, and global market dynamics. In recent years, the MUR has experienced fluctuations in value against major currencies. For instance, its exchange rate against the US Dollar (USD) has varied, with rates as high as 1 MRU to 0.75 USD and as low as 1 MUR to 0.48 USD over the past two decades. The Mauritian Rupee is commonly used in international foreign exchange markets, and it is widely accepted in various countries around the world. As of 2023, there are no current plans for Mauritius to adopt any foreign currency, including the Euro. The nation remains committed to maintaining the Mauritian Rupee as its official currency and managing its value through the policies of the Bank of Mauritius.