Currencies

Countries that use the Seychelles Rupee

The Seychelles Rupee is an official national currency and used only on the Seychelles. 1 Rupie is devided into 100 Cents.

ISO 4127:
SCR
Numeric:
690
Symbol:
₨
1.00 Seychelles Rupee = 0.056 US Dollar
(date: 09/24/2020)



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Exchange rate history 1000 SCR in USD

The graph shown here shows the exchange rate development from Januar 2015 to September 2020. The exchange rate for 1000 SCR developed during this time from USD 71.83 to USD 55.72. In these 69 months it fell by 22.4%.
Exchange rate history 1000 SCR in USD

Seychelles Rupee as currency

CountryRegion
SeychellesEastern Africa




Currency reserves for the Seychelles Rupee

According to the International Monetary Fund, the total broad money (M3) amounted to SCR 19.49 billion at the end of 2019. For currency hedging, reserves were held in a total amount of 8.15 billion Rupees. This corresponds to a ratio of 1:2.4. Or in other words: 1 of 2 Rupees is deposited with a countervalue, which is internationally already above average.

All currency reserves are only held as foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions. There are no governmental gold stocks.

› Worldwide currency and gold reserves

US Dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United StatesNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Bonaire, Saint Eustatius and SabaCaribbean