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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.98%
New listings on Bitget: Pi Network
BTC/USDT$81818.18 (-5.49%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.98%
New listings on Bitget: Pi Network
BTC/USDT$81818.18 (-5.49%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
FXS
MUR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Frax Share(FXS) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 FXS at a value of 1 FXS for 85.48 MUR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
MUR information
About the Mauritian Rupee (MUR)
What Is the Mauritian Rupee (MUR)?
The Mauritian Rupee, abbreviated as MUR and often denoted by the currency sign "Rs", is the official currency of Mauritius, an island nation in the Indian Ocean. One rupee is subdivided into 100 cents. The currency symbolizes Mauritius's rich history and cultural diversity, reflecting its historical ties with India and its status as a vibrant, modern economy. The Mauritian Rupee is the sole legal tender in Mauritius, and it is used for all transactions within the country.
The Mauritian Rupee is issued by the Bank of Mauritius, which is the central bank of Mauritius. Established in September 1967, the Bank of Mauritius is responsible for the issuance and management of the country's currency, including both banknotes and coins.
What Is the History of MUR?
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, the Mauritian Dollar, and the British Pound Sterling. This change was influenced by the influx of Indian rupees following the immigration of Indian workers to Mauritius's sugar plantations. The introduction of the Mauritian Rupee marked a significant step in the country's journey towards economic independence and identity.
Notes and Coins of MUR
Mauritian Rupee includes both coins and banknotes. Coins are available in denominations of 5, 20, 50 cents, as well as 1, 5, 10, and 20 rupees. Banknotes are issued in denominations of 25, 50, 100, 200, 500, 1,000, and 2,000 rupees. Each banknote features a portrait of a prominent Mauritian figure and a vignette depicting various aspects of Mauritius's culture and natural beauty. The banknotes also incorporate advanced security features, including watermarks, security threads, and elements visible under ultraviolet light.
Is MUR Pegged to USD?
No, the Mauritian Rupee (MUR) is not pegged to the United States Dollar (USD). The Mauritian Rupee operates on a floating exchange rate system, where its value is determined by the foreign exchange market through supply and demand relative to other currencies. This means that the exchange rate of the Mauritian Rupee against the US Dollar and other currencies can fluctuate based on various economic factors, including trade balances, inflation rates, interest rates, and overall economic conditions both within Mauritius and globally.
Can I Use MUR in India?
No, the Mauritian Rupee (MUR) is not accepted for transactions in India. In India, the official currency is the Indian Rupee (INR). While Mauritius and India share historical ties, and both countries use currencies called "rupee," their currencies are distinct and not interchangeable.
Is MUR a Stable Currency?
Historically, the Mauritian Rupee has shown fluctuations in its value against major currencies like the US Dollar, Euro, and Pound Sterling. For instance, over the past five years, it has experienced a depreciation against the US Dollar, with the exchange rate going from approximately 35 MUR/USD in early 2019 to about 45 MUR/USD as of January 2024. This trend indicates a relative instability in its value. While there have been periods of depreciation, the central bank has implemented measures to ensure liquidity and manage inflation, which have contributed to a degree of stability in the domestic economy.
Bitget crypto-to-fiat exchange data shows that the most popular Frax Share currency pair is the FXS to MUR, with for Frax Share's currency code being FXS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.
FXS to MUR conversion rate trend
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In the past 1D, Frax Share has changed -1.10% to MUR. Based on the trend and price charts, Frax Share(FXS) has changed -1.10% to MUR while Mauritian Rupee(MUR) has changed % to FXS in the last 24 hours.
FXS to MUR market statistics
FXS/MUR:
₨ 85.48
FXS 24h volume:
₨ 993,037,268.61
FXS market cap:
₨ 7,603,773,999.56
FXS circulating supply:
88.95M FXS
More info about Frax Share on Bitget
Current FXS to MUR exchange rate
Frax Share to Mauritian Rupee is falling this week.Frax Share's current market price is ₨ 85.48 per FXS, with a total market cap of ₨ 7,603,773,999.56 MUR based on a circulating supply of 88,951,760 FXS. The trading volume of Frax Share has changed by +32.28% (₨ 242,300,910.36 MUR) in the last 24 hours. Last trading day, FXS's trading volume was ₨ 750,736,358.25.
FXS to MUR Conversion tables
The exchange rate of Frax Share is increasing.1 FXS is currently valued at ₨ 85.48 MUR , which means buying 5 FXS will cost ₨ 427.41 MUR . Similarly, ₨1 MUR can be traded for 0.01170 FXS, and ₨50 MUR can be converted to 0.5849 FXS, excluding any platform or gas fees.
The exchange rate of 1 FXS to Mauritian Rupee has changed by -15.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.10%, reaching a high of 89.33 MUR and a low of 83.25 MUR . One month ago, the value of 1 FXS was ₨ 67.68 MUR , which represents a +26.33% change from its current value. Over the last year, Frax Share has changed by , resulting in a change of -71.01% in its value.
-₨
209.33MURFXS to MUR
Amount
18:04 today
0.5 FXS
₨42.74
1 FXS
₨85.48
5 FXS
₨427.41
10 FXS
₨854.82
50 FXS
₨4,274.1
100 FXS
₨8,548.2
500 FXS
₨42,741
1000 FXS
₨85,482
MUR to FXS
Amount18:04 today
0.5MUR0.005849 FXS
1MUR0.01170 FXS
5MUR0.05849 FXS
10MUR0.1170 FXS
50MUR0.5849 FXS
100MUR1.17 FXS
500MUR5.85 FXS
1000MUR11.7 FXS
FXS to MUR Today vs. 24 hours ago
| Amount | 18:04 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FXS | ₨42.74 | ₨43.21 | -1.10% |
| 1 FXS | ₨85.48 | ₨86.43 | -1.10% |
| 5 FXS | ₨427.41 | ₨432.14 | -1.10% |
| 10 FXS | ₨854.82 | ₨864.29 | -1.10% |
| 50 FXS | ₨4,274.1 | ₨4,321.44 | -1.10% |
| 100 FXS | ₨8,548.2 | ₨8,642.88 | -1.10% |
| 500 FXS | ₨42,741 | ₨43,214.41 | -1.10% |
| 1000 FXS | ₨85,482 | ₨86,428.82 | -1.10% |
FXS to MUR Today vs. 1 month ago
| Amount | 18:04 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FXS | ₨42.74 | ₨33.84 | +26.33% |
| 1 FXS | ₨85.48 | ₨67.68 | +26.33% |
| 5 FXS | ₨427.41 | ₨338.38 | +26.33% |
| 10 FXS | ₨854.82 | ₨676.76 | +26.33% |
| 50 FXS | ₨4,274.1 | ₨3,383.79 | +26.33% |
| 100 FXS | ₨8,548.2 | ₨6,767.59 | +26.33% |
| 500 FXS | ₨42,741 | ₨33,837.95 | +26.33% |
| 1000 FXS | ₨85,482 | ₨67,675.9 | +26.33% |
FXS to MUR Today vs. 1 year ago
| Amount | 18:04 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FXS | ₨42.74 | ₨147.41 | -71.01% |
| 1 FXS | ₨85.48 | ₨294.81 | -71.01% |
| 5 FXS | ₨427.41 | ₨1,474.05 | -71.01% |
| 10 FXS | ₨854.82 | ₨2,948.1 | -71.01% |
| 50 FXS | ₨4,274.1 | ₨14,740.52 | -71.01% |
| 100 FXS | ₨8,548.2 | ₨29,481.03 | -71.01% |
| 500 FXS | ₨42,741 | ₨147,405.16 | -71.01% |
| 1000 FXS | ₨85,482 | ₨294,810.33 | -71.01% |
How to convert FXS to MUR
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Convert FXS to MUR
Use a variety of payment options to buy Frax Share on Bitget. We'll show you how.
Learn MoreBuy FXS (or USDT) for MUR (Mauritian Rupee) offers
Bitget P2P trading does not currently support direct buying of FXS with MUR. However, you can buy USDT in Bitget P2P trading first, and then buy FXS with USDT via Bitget spot market.
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Sell FXS (or USDT) for MUR (Mauritian Rupee) offers
Bitget P2P trading currently does not support direct selling of FXS to MUR. However, you can first exchange FXS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of FXS to MUR?
There are many factors that affect the relationship between Frax Share and Mauritian Rupee, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of FXS/MUR. When there is positive news in the market about the widespread adoption of FXS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FXS/MUR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FXS/MUR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of FXS/MUR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Frax Share and adjust their investment strategies accordingly in the evolving market.
Frax Share price prediction
What will the price of FXS be in 2026?
Based on FXS's historical price performance prediction model, the price of FXS is projected to reach $1.99 in 2026.
What will the price of FXS be in 2031?
In 2031, the FXS price is expected to change by +43.00%. By the end of 2031, the FXS price is projected to reach $4.3, with a cumulative ROI of +127.47%.
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Popular Frax Share Converter
Check out these popular currency conversions of Frax Share to several fiat currencies.
FXS to TWD
1 FXS to NT$ 62.29 TWD
FXS to CNY
1 FXS to ¥ 13.73 CNY
FXS to USD
1 FXS to $ 1.88 USD
FXS to EUR
1 FXS to € 1.71 EUR
FXS to CAD
1 FXS to $ 2.65 CAD
FXS to MUR
1 FXS to ₨ 85.48 MUR
FXS to KRW
1 FXS to ₩ 2,735.29 KRW
FXS to JPY
1 FXS to ¥ 275.39 JPY
FXS to GBP
1 FXS to £ 1.44 GBP
FXS to BRL
1 FXS to R$ 10.57 BRL
Popular cryptocurrencies to MUR
Explore other cryptocurrencies based on your interest in Frax Share.
ETH to MUR
1 ETH to ₨ 80,551.22 MUR
SOL to MUR
1 SOL to ₨ 5,184.08 MUR
BTC to MUR
1 BTC to ₨ 3,715,681.39 MUR
XRP to MUR
1 XRP to ₨ 91.57 MUR
PI to MUR
1 PI to ₨ 25.45 MUR
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1 BNB to ₨ 26,702.3 MUR
TRUMP to MUR
1 TRUMP to ₨ 409.03 MUR
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1 ADA to ₨ 28.58 MUR
SUI to MUR
1 SUI to ₨ 101.01 MUR
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1 DOGE to ₨ 7.17 MUR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Frax Share and MUR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Frax Share and MUR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Frax Share in MUR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
