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PRARE to MUR Converter and calculator

PRARE/MUR: 1 PRARE = 0.03325 MUR. The price of converting 1 POLKARARE (PRARE) to Mauritian Rupee (MUR) is 0.03325 MUR today.
PRARE
PRARE
MUR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRARE to MUR real-time exchange rates, making it easy to convert POLKARARE (PRARE) to Mauritian Rupee (MUR). The conversion result is based on real-time data. The conversion result shows that 1 PRARE is currently valued at 0.03 MUR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRARE is currently valued at 0.03 MUR, which means buying 5 PRARE would cost 0.17 MUR. Similarly, ₨1 MUR can be converted to 30.08 PRARE, and ₨50 MUR can be converted to 150.39 PRARE, excluding any platform or gas fees.

Convert PRARE to MUR

Convert MUR to PRARE

POLKARARE
Mauritian Rupee
1000 PRARE
33.25  MUR
5000 PRARE
166.24  MUR
10000 PRARE
332.48  MUR
In the table above, you'll find a comprehensive PRARE to MUR converter that shows the value of POLKARARE in Mauritian Rupee across commonly used conversion amounts. The list covers conversions from 1 PRARE to MUR, all the way up to 10000 PRARE, providing a clear view of their respective values.
Mauritian Rupee
POLKARARE
500 MUR
15,038.67 PRARE
1000 MUR
30,077.34 PRARE
2000 MUR
60,154.68 PRARE
5000 MUR
150,386.69 PRARE
10000 MUR
300,773.38 PRARE
50000 MUR
1,503,866.92 PRARE
100000 MUR
3,007,733.85 PRARE
In the table above, you'll find a comprehensive MUR to PRARE converter that shows the value of Mauritian Rupee in POLKARARE across commonly used conversion amounts. The list covers conversions from 1 MUR to PRARE, all the way up to 100000 MUR, providing a clear view of their respective values.

PRARE to MUR chart

PRARE/MUR: 1 PRARE = 0.03325 MUR; 2025/04/29 23:14:32
In the past 1D, POLKARARE has changed -0.07% to MUR. Based on the trend and price charts, POLKARARE(PRARE) has changed -0.07% to MUR while Mauritian Rupee(MUR) has changed % to PRARE in the last 24 hours.
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PRARE to MUR conversion data: Volatility and price changes of POLKARARE in MUR

The highest POLKARARE price in MUR over the past 7 days was 0.07018 MUR while the lowest POLKARARE price in MUR over the past 7 days was 0.03219 MUR. The relative change between the highs and lows in POLKARARE price in MUR over the last 7 days indicates a volatility of %. You can view additional volatility data and PRARE to MUR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.03331 MUR
0.07018 MUR
0.1084 MUR
0.1084 MUR
Low
0.03319 MUR
0.03219 MUR
0.01679 MUR
0.01679 MUR
Average
0 MUR
0 MUR
0 MUR
0 MUR
Volatility
%
%
%
%
Change
-0.07%
-6.44%
-2.29%
-47.87%

POLKARARE information

PRARE to MUR market statistics

PRARE/MUR:
₨0.03325
PRARE 24h volume:
₨723,330.86
PRARE market cap:
₨378,466.09
PRARE circulating supply:
11.38M PRARE

Current PRARE to MUR exchange rate

POLKARARE to Mauritian Rupee is falling this week.
POLKARARE's current market price is ₨0.03325 per PRARE, with a total market cap of ₨378,466.09 MUR based on a circulating supply of 11,383,253 PRARE. The trading volume of POLKARARE has changed by +3.03% (₨21,270.33 MUR) in the last 24 hours. Last trading day, PRARE's trading volume was ₨702,060.53.

More info about POLKARARE on Bitget

Mauritian Rupee 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 POLKARARE currency pair is the PRARE to MUR, with for POLKARARE's currency code being PRARE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.

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How to convert PRARE to MUR

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Bitget P2P trading does not currently support direct buying of PRARE with MUR. However, you can buy USDT in Bitget P2P trading first, and then buy PRARE with USDT via Bitget spot market.
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PRARE to MUR Conversion tables

The exchange rate of POLKARARE is decreasing.
The exchange rate of 1 PRARE to Mauritian Rupee has changed by -6.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.07%, reaching a high of 0.03331 MUR and a low of 0.03319 MUR . One month ago, the value of 1 PRARE was ₨0.03403 MUR , which represents a -2.29% change from its current value. Over the last year, POLKARARE has changed by
-
0.07910MUR
, resulting in a change of -70.41% in its value.
24 hours ago1 month ago1 year ago
Amount23:14 today24 hours ago24h change
0.5 PRARE₨0.01662₨0.01664
-0.07%
1 PRARE₨0.03325₨0.03327
-0.07%
5 PRARE₨0.1662₨0.1664
-0.07%
10 PRARE₨0.3325₨0.3327
-0.07%
50 PRARE₨1.66₨1.66
-0.07%
100 PRARE₨3.32₨3.33
-0.07%
500 PRARE₨16.62₨16.64
-0.07%
1000 PRARE₨33.25₨33.27
-0.07%

PRARE to MUR FAQ

How much is 1 POLKARARE in MUR?
Right now, the price of 1 POLKARARE (PRARE) in Mauritian Rupee (MUR) is ₨0.03325.
How much PRARE can I buy for 1 MUR?
Based on the current exchange rate, you can get 30.08 PRARE for 1 MUR.
How do I calculate or convert PRARE to MUR?
You can use our PRARE to MUR calculator at the top of this page to convert any amount of PRARE to MUR. We've also included quick-reference tables for the most popular conversions. For example, 5 MUR is equivalent to 150.39 PRARE, while 5 PRARE will cost around 0.1662MUR.
What is the highest price of PRARE/MUR in history?
The all-time high price of 1 PRARE in MUR is ₨63.43. It remains to be seen if the value of 1 PRARE/MUR will exceed the current all-time high.
What is the price trend of POLKARARE in MUR?
Over the past 7 days, the exchange rate of POLKARARE (PRARE) has gone down by 6.44%.   Over the last month, the exchange rate of POLKARARE (PRARE) has gone down by 2.29% against Mauritian Rupee (MUR).

What factors influence the conversion rate of PRARE to MUR?

There are many factors that affect the relationship between POLKARARE 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 PRARE/MUR. When there is positive news in the market about the widespread adoption of PRARE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRARE/MUR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRARE/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.
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 PRARE/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 POLKARARE and adjust their investment strategies accordingly in the evolving market.

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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.