Money & Currencies in Mauritius
When travelling nothing puts your mind more at ease than knowing you are in control of your money and that it’s safe but, keeping your money secure in the bank is one thing and really understanding the buying power of that money in whichever country is another thing entirely.
There is probably nothing more important than take the necessary precautions and educating yourself on what your hard earned money can buy for you when on vacation. Especially knowing the difference between what everything should reasonably cost and knowing when you might be being ripped off on taxi fares, gifts, trinkets, food, alcohol etc.
Please take the necessary time to acquaint yourself with the local money and currency customs of whichever country you’re in before you arrive. In our Mauritius.co.za – Travel Guide we aim to provide as much valuable information to help you get over the hurdle of getting to grips with the buying power of the The Mauritian Rupee in Mauritius.
- Symbol: Rs
- Central bank: Mauritian Reserve Bank
- Subunit: Rupee
- Banknotes: Rs10, Rs25, Rs50, Rs100, Rs200, R500, Rs1000, Rs2000
- Coins: 1,5,20,50 cent coins and 1,5,10,20 Rupee Coins/li>
- ISO code: MUR
Which currencies are accepted in Mauritius?
The Mauritian Rupee is the currency of Mauritius. The The Mauritian Rupee is subdivided into 100 cents. The monetary unit is the Mauritian Rupee (Rs.) which is divided into 100 cents (cs). It is advisable to travel with Mauritian Rupee, Euros or US Dollars. ZAR can be exchanged at Mauritius Airport where one will receive a more favourable rate of exchange than at the hotels.
Currently circulating banknotes
Each denomination bears a hand engraved portrait of a prominent Mauritian figure, which appears on the left.
Denomination Portrait Vignette
25 rupees Moilin Jean Ah-Chuen Rodrigues
50 rupees Joseph Maurice Paturau Le Caudan
100 rupees Renganaden Seeneevassen Court House
200 rupees Sir Abdool Razack Mohamed Mauritian Market
500 rupees Sookdeo Bissoondoyal University of Mauritius
1000 rupees Sir Charles Gaëtan Duval State House
2000 rupees Sir Seewoosagur Ramgoolam Bull & Sugarcane Cart
There is also a drawing of the Bank of Mauritius building and a portrayal of the statue of justice on each of the denominations. Below the denomination in the top right-hand corner is a feature to aid the visually impaired. This is in addition to the differences in sizes between the banknotes of various denominations.
Foreign visitors and departing Mauritians can enjoy savings up to 15% when they shop across the island in over 1000 registered stores.
Foreign visitors can claim the VAT/Duty Paid on their purchases made in registered shops displaying the logos and
Immediate cash refunds in Euro (EUR), British Pound (GBP), US Dollar (USD) and South African Rand (ZAR) can be obtained at the time of departure.
Cruise ship visitors should inquire with their Captain whether Tax Refund facilities will be provided on departure from Mauritius.
Money matters in Mauritius
One of the most important things to know before visiting Mauritius is about the money matters. Money does matter, so here are some guidelines to make your money matters smooth when you are exploring the exotic island nation of Mauritius.
To enjoy the lucrative rate of exchange, exchange big amounts of money. Either get the currency exchanged from a money lender in India or get it exchanged at Sir Seewoosagur Ramgoolam International Airport, Mauritius.
US Dollar is widely accepted in Mauritius, so you can carry those as well.
If you can’t get your money exchanged at the airport, don’t worry. The island is dotted with numerous banks, including Bank of Baroda, Barclays Bank, Deutsche Bank, HSBC Bank, and Standard Chartered Bank.
Operating hours for Banks:
Monday to Thursday – 9: 15 am to 3: 15 pm.
Friday: 9: 15 am to 3: 15 pm
Saturday: 9: 15 am to 11: 15 am.
Mauritian currency is available as coins of 5, 20 and 50 cents. Currency notes are available in denominations of 25, 50, 100, 200, 500, 1000 and 2000.
The daily limit of withdrawing money varies from bank to bank. Check with your bank regarding the amount you can withdraw in a day.
It is recommended to withdraw a maximum of MUR 15,000 at a time or as per the instructions of an ATM. Withdrawing larger amount of money might cause the amount to get trapped in the machine itself.
Visa, MasterCard, Diners and American Express debit and credit cards are widely accepted all over Mauritius. Check with your bank if your debit/maestro card will be accepted in Mauritius’ ATMs.
Dollar is accepted everywhere
Claim Your Tax Refund
3 steps to claim your VAT Refund
Where to shop?
Shop at stores displaying the Tax Refund logo and ask for a VAT PAID SUPPLIES TO VISITORS Sales Receipt or DF5 invoice when your purchases total a minimum of MUR2,300 (VAT included) per store. Check that your passport and departure details (flight or sea voyage) have been properly entered on your sales receipt.
On arriving at the SSR International Airport and before checking-in on your departure flight, get your sales receipts approved at the MRA Customs Counter in the check-in hall.
The refund procedure for cruise ships depends on the individual arrangements made between the ship’s captain and the relevant Mauritian authorities at the point of calling.
How to obtain your refund?
After going through passport and security control, go to the MCCI Tax Refund Counter in the main departure lounge and present your approved VAT PAID SUPPLIES TO VISITORS Sales receipts or DF5 invoice to collect your refund.
Foreign visitors may also make VAT/Duty Free purchases for goods meant for hand luggage in registered shops displaying the above logos.
At the time of purchase, the passport and ticket are shown to confirm the eligibility for VAT/duty free purchase. The foreign visitors should ensure that their name, passport number and flight details are properly input on the VAT Free sales receipt/ DF4 invoice.
At the airport, after the passport and security control, the purchased goods can be collected at the MCCI Tax Refund Counter on presentation of the VAT Free sales receipt/ DF4 invoice.
The procedure for cruise ships depends on the individual arrangements made between the ship’s captain and the relevant Mauritian authorities at the point of calling.
Departing Mauritians are now entitled to purchase tax free goods in nearly 200 registered stores displaying the logos, and .
Purchases can be made without the payment of any VAT/DUTY at the stores displaying the above logos and goods will only be handed over after immigration at the MCCI Tax Refund Counter at the airport by producing the sales receipt issued by the registered stores.
At the time of purchase, the passport and ticket are shown to confirm the eligibility for tax free purchase. The departing Mauritians should ensure that their name, passport number and flight details are correctly input on the VAT Free receipt/DF4 invoice.
At the airport, after the passport and security control, the purchased goods can be collected at the MCCI Tax Refund Counter on presentation of the VAT Free receipt/DF4 invoice.
For more details, visit www.taxfreeshopping.mu
For more information or queries and we would love to be of assistance to ensure that your Mauritius travel experience is as smooth and hassle-free as possible. Find Mauritius Specials, Mauritius Holiday Specials and Mauritius Holiday Packages at www.mauritius.co.za