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Seychelles

Seychellois Rupee

SCR

Official currency of Seychelles

Rs Symbol
CBS

About the Seychellois Rupee

The Seychellois Rupee was introduced in 1914. It replaced the Mauritian Rupee and established a distinct currency for the Seychelles.

The name 'Rupee' is derived from the Sanskrit word 'rupya', meaning 'wrought silver', and reflects historical ties with India and Mauritius.

Interesting Facts

A Tourism-Driven Economy

The Seychellois Rupee's stability and value are heavily reliant on the country's booming tourism industry, which is a major source of foreign exchange.

Unique Biodiversity

Seychellois banknotes showcase the nation's stunning and unique biodiversity, including rare birds, giant tortoises, and marine life.

Coco de Mer

The iconic Coco de Mer nut, endemic to the Seychelles, is often featured on coins and banknotes, symbolizing the islands' natural treasures.

Historical Timeline

1976

Seychelles gains independence from the United Kingdom.

1983

The Central Bank of Seychelles is established.

Denominations

Banknotes

Rs10 Blue
Rs25 Green
Rs50 Purple
Rs100 Brown
Rs500 Orange

Coins

1 cent
5 cents
10 cents
25 cents
50 cents
1 rupee
5 rupees

Security Features

Watermark Security thread See-through feature Holographic patch Intaglio printing

Quick Facts

ISO Code
SCR
Symbol
Rs
Numeric Code
690
Subunit
Cent (1/100)
Introduced
1914-01-01

Central Bank

Name
Central Bank of Seychelles
Headquarters
Victoria, Seychelles
Founded
1983
Current Governor
Caroline Abel (since 2012)
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
1.7%
Interest Rate
2.00%

What Affects the SCR Exchange Rate?

Tourism revenue
Fishing exports (tuna)
Foreign direct investment in tourism
Global economic conditions affecting travel
Government fiscal policy

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