🇸🇨Seychellois Rupee (SCR)
The Seychellois rupee has circulated since the early 20th century under British colonial administration and remained the currency through independence in 1976. Following balance-of-payments pressure, the central bank floated the rupee in 2008 as part of a broader economic reform program backed by the IMF, moving away from a long-standing fixed exchange rate. Tourism remains the dominant driver of foreign-currency inflows and the rupee's relative strength.
SCR ⇄ USD Converter
History
The Seychellois rupee has circulated since the early 20th century under British colonial administration and remained the currency through independence in 1976. Following balance-of-payments pressure, the central bank floated the rupee in 2008 as part of a broader economic reform program backed by the IMF, moving away from a long-standing fixed exchange rate. Tourism remains the dominant driver of foreign-currency inflows and the rupee's relative strength.
Denominations
Seychellois Rupee banknotes commonly circulate in these denominations:
- 10, 25, 50 rupees — common notes for everyday transactions
- 100 rupees — a widely used mid-value note
- 500 rupees — the highest-denomination note
Frequently Asked Questions
What is the currency symbol for the Seychellois rupee?
The Seychellois rupee's symbol is ₨ (or SR). Its ISO 4217 currency code is SCR.
Does the Seychellois rupee float freely?
Yes — since 2008, when the central bank floated the currency as part of an IMF-backed reform program, moving away from an earlier fixed exchange rate.
What drives the value of the Seychellois rupee?
Tourism is the dominant source of foreign-currency inflow for Seychelles, so the rupee's strength is closely tied to the health of the island nation's tourism sector.
Where can I see rates for other African currencies?
Check the full currency directory on the African Currencies homepage, which covers all 54 African countries.