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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.84%
New listings on Bitget: Pi Network
BTC/USDT$84178.01 (+0.89%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (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 share61.84%
New listings on Bitget: Pi Network
BTC/USDT$84178.01 (+0.89%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
REF
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 Ref Finance(REF) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 REF at a value of 1 REF for 3.69 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 Ref Finance currency pair is the REF to MUR, with for Ref Finance's currency code being REF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.
REF to MUR conversion rate trend
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In the past 1D, Ref Finance has changed +0.67% to MUR. Based on the trend and price charts, Ref Finance(REF) has changed +0.67% to MUR while Mauritian Rupee(MUR) has changed % to REF in the last 24 hours.
REF to MUR market statistics
REF/MUR:
₨ 3.69
REF 24h volume:
₨ 3,092,264.55
REF market cap:
₨ 138,151,872.81
REF circulating supply:
37.40M REF
More info about Ref Finance on Bitget
Current REF to MUR exchange rate
Ref Finance to Mauritian Rupee is falling this week.Ref Finance's current market price is ₨ 3.69 per REF, with a total market cap of ₨ 138,151,872.81 MUR based on a circulating supply of 37,404,720 REF. The trading volume of Ref Finance has changed by -26.64% (₨ -1,122,645.51 MUR) in the last 24 hours. Last trading day, REF's trading volume was ₨ 4,214,910.06.
REF to MUR Conversion tables
The exchange rate of Ref Finance is decreasing.1 REF is currently valued at ₨ 3.69 MUR , which means buying 5 REF will cost ₨ 18.47 MUR . Similarly, ₨1 MUR can be traded for 0.2708 REF, and ₨50 MUR can be converted to 13.54 REF, excluding any platform or gas fees.
The exchange rate of 1 REF to Mauritian Rupee has changed by -21.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.67%, reaching a high of 3.88 MUR and a low of 3.66 MUR . One month ago, the value of 1 REF was ₨ 5.91 MUR , which represents a -37.47% change from its current value. Over the last year, Ref Finance has changed by , resulting in a change of -80.35% in its value.
-₨
15.1MURREF to MUR
Amount
06:51 am today
0.5 REF
₨1.85
1 REF
₨3.69
5 REF
₨18.47
10 REF
₨36.93
50 REF
₨184.67
100 REF
₨369.34
500 REF
₨1,846.72
1000 REF
₨3,693.43
MUR to REF
Amount06:51 am today
0.5MUR0.1354 REF
1MUR0.2708 REF
5MUR1.35 REF
10MUR2.71 REF
50MUR13.54 REF
100MUR27.08 REF
500MUR135.38 REF
1000MUR270.75 REF
REF to MUR Today vs. 24 hours ago
| Amount | 06:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REF | ₨1.85 | ₨1.83 | +0.67% |
| 1 REF | ₨3.69 | ₨3.67 | +0.67% |
| 5 REF | ₨18.47 | ₨18.34 | +0.67% |
| 10 REF | ₨36.93 | ₨36.69 | +0.67% |
| 50 REF | ₨184.67 | ₨183.44 | +0.67% |
| 100 REF | ₨369.34 | ₨366.87 | +0.67% |
| 500 REF | ₨1,846.72 | ₨1,834.37 | +0.67% |
| 1000 REF | ₨3,693.43 | ₨3,668.74 | +0.67% |
REF to MUR Today vs. 1 month ago
| Amount | 06:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REF | ₨1.85 | ₨2.95 | -37.47% |
| 1 REF | ₨3.69 | ₨5.91 | -37.47% |
| 5 REF | ₨18.47 | ₨29.53 | -37.47% |
| 10 REF | ₨36.93 | ₨59.07 | -37.47% |
| 50 REF | ₨184.67 | ₨295.35 | -37.47% |
| 100 REF | ₨369.34 | ₨590.7 | -37.47% |
| 500 REF | ₨1,846.72 | ₨2,953.48 | -37.47% |
| 1000 REF | ₨3,693.43 | ₨5,906.96 | -37.47% |
REF to MUR Today vs. 1 year ago
| Amount | 06:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REF | ₨1.85 | ₨9.4 | -80.35% |
| 1 REF | ₨3.69 | ₨18.79 | -80.35% |
| 5 REF | ₨18.47 | ₨93.97 | -80.35% |
| 10 REF | ₨36.93 | ₨187.95 | -80.35% |
| 50 REF | ₨184.67 | ₨939.74 | -80.35% |
| 100 REF | ₨369.34 | ₨1,879.48 | -80.35% |
| 500 REF | ₨1,846.72 | ₨9,397.4 | -80.35% |
| 1000 REF | ₨3,693.43 | ₨18,794.81 | -80.35% |
How to convert REF to MUR
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Convert REF to MUR
Use a variety of payment options to buy Ref Finance on Bitget. We'll show you how.
Buy REF (or USDT) for MUR (Mauritian Rupee) offers
Bitget P2P trading does not currently support direct buying of REF with MUR. However, you can buy USDT in Bitget P2P trading first, and then buy REF with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell REF (or USDT) for MUR (Mauritian Rupee) offers
Bitget P2P trading currently does not support direct selling of REF to MUR. However, you can first exchange REF for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of REF to MUR?
There are many factors that affect the relationship between Ref Finance 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 REF/MUR. When there is positive news in the market about the widespread adoption of REF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of REF/MUR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in REF/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 REF/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 Ref Finance and adjust their investment strategies accordingly in the evolving market.
Ref Finance price prediction
What will the price of REF be in 2026?
Based on REF's historical price performance prediction model, the price of REF is projected to reach $0.1133 in 2026.
What will the price of REF be in 2031?
In 2031, the REF price is expected to change by +1.00%. By the end of 2031, the REF price is projected to reach $0.1611, with a cumulative ROI of +93.94%.
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Popular Ref Finance Converter
Check out these popular currency conversions of Ref Finance to several fiat currencies.
REF to TWD
1 REF to NT$ 2.68 TWD
REF to CNY
1 REF to ¥ 0.5866 CNY
REF to USD
1 REF to $ 0.08063 USD
REF to EUR
1 REF to € 0.07473 EUR
REF to CAD
1 REF to $ 0.1154 CAD
REF to MUR
1 REF to ₨ 3.69 MUR
REF to KRW
1 REF to ₩ 118.16 KRW
REF to JPY
1 REF to ¥ 12.09 JPY
REF to GBP
1 REF to £ 0.06243 GBP
REF to BRL
1 REF to R$ 0.4580 BRL
Popular cryptocurrencies to MUR
Explore other cryptocurrencies based on your interest in Ref Finance.
MASK to MUR
1 MASK to ₨ 63.54 MUR
ACT to MUR
1 ACT to ₨ 3.13 MUR
BTC to MUR
1 BTC to ₨ 3,858,429.71 MUR
BNB to MUR
1 BNB to ₨ 27,471.02 MUR
COMP to MUR
1 COMP to ₨ 1,992.49 MUR
DEXE to MUR
1 DEXE to ₨ 675.88 MUR
PNUT to MUR
1 PNUT to ₨ 6.79 MUR
BONK to MUR
1 BONK to ₨ 0.0005509 MUR
LEVER to MUR
1 LEVER to ₨ 0.02499 MUR
DF to MUR
1 DF to ₨ 2.22 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 Ref Finance 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 Ref Finance 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 Ref Finance 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.
