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Renewable Energy to Mauritian Rupee Converter and calculator

Convert 1Renewable Energy (RET) to Mauritian Rupee (MUR) equals ₨ 0.{8}3576 | Bitget
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Last updated 2024/12/18 23:54:50 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Renewable Energy(RET) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 RET at a value of 1 RET for 0.00 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Renewable Energy currency pair is the RET to MUR, with for Renewable Energy's currency code being RET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.

RET to MUR conversion rate trend

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Live Renewable Energy (RET) price chart
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In the past 1D, Renewable Energy has changed -7.94% to MUR. Based on the trend and price charts, Renewable Energy(RET) has changed -7.94% to MUR while Mauritian Rupee(MUR) has changed +8.62% to RET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨0.{8}3625
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/18 16:31:07(UTC+0)

How to buy Renewable Energy

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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.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Renewable Energy (RET)
Use a variety of payment options to buy Renewable Energy on Bitget. We'll show you how.

Buy RET (or USDT) for MUR (Mauritian Rupee) offers

Bitget P2P trading does not currently support direct buying of RET with MUR. However, you can buy USDT in Bitget P2P trading first, and then buy RET with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell RET (or USDT) for MUR (Mauritian Rupee) offers

Bitget P2P trading currently does not support direct selling of RET to MUR. However, you can first exchange RET for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Renewable Energy to Mauritian Rupee?

Renewable Energy to Mauritian Rupee is falling this week.
Renewable Energy's current market price is ₨ 0.{8}3576 per RET, with a total market cap of ₨ 71,949,429.4 MUR based on a circulating supply of 20,117,704,000,000,000 RET. The trading volume of Renewable Energy has changed by -20.18% (₨ -19,752,952.83 MUR) in the last 24 hours. Last trading day, RET's trading volume was ₨ 97,875,079.67.
Market cap
$1.54M
24h volume
$1.68M
Circulating supply
20.12P RET

Conversion tables

The exchange rate of Renewable Energy is decreasing.
1 RET is currently valued at ₨ 0.{8}3576 MUR , which means buying 5 RET will cost ₨ 0.{7}1788 MUR . Similarly, ₨1 MUR can be traded for 279,608,956.54 RET, and ₨50 MUR can be converted to 13,980,447,826.94 RET, excluding any platform or gas fees.
The exchange rate of 1 RET to Mauritian Rupee has changed by -20.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.94%, reaching a high of 0.{8}3923 MUR and a low of 0.{8}3511 MUR . One month ago, the value of 1 RET was ₨ 0.{8}3934 MUR , which represents a -9.09% change from its current value. Over the last year, Renewable Energy has changed by
-
0.{8}5101MUR
, resulting in a change of -58.79% in its value.

RET to MUR

Amount
23:54 today
0.5 RET
0.{8}1788
1 RET
0.{8}3576
5 RET
0.{7}1788
10 RET
0.{7}3576
50 RET
0.{6}1788
100 RET
0.{6}3576
500 RET
0.{5}1788
1000 RET
0.{5}3576

MUR to RET

Amount23:54 today
0.5MUR139,804,478.27  RET
1MUR279,608,956.54  RET
5MUR1,398,044,782.69  RET
10MUR2,796,089,565.39  RET
50MUR13,980,447,826.94  RET
100MUR27,960,895,653.88  RET
500MUR139,804,478,269.41  RET
1000MUR279,608,956,538.82  RET

Today vs. 24 hours ago

Amount23:54 today24 hours ago24h change
0.5 RET$0.{10}3839$0.{10}4170
-7.94%
1 RET$0.{10}7678$0.{10}8340
-7.94%
5 RET$0.{9}3839$0.{9}4170
-7.94%
10 RET$0.{9}7678$0.{9}8340
-7.94%
50 RET$0.{8}3839$0.{8}4170
-7.94%
100 RET$0.{8}7678$0.{8}8340
-7.94%
500 RET$0.{7}3839$0.{7}4170
-7.94%
1000 RET$0.{7}7678$0.{7}8340
-7.94%

Today vs. 1 month ago

Amount23:54 today1 month ago1M change
0.5 RET$0.{10}3839$0.{10}4223
-9.09%
1 RET$0.{10}7678$0.{10}8446
-9.09%
5 RET$0.{9}3839$0.{9}4223
-9.09%
10 RET$0.{9}7678$0.{9}8446
-9.09%
50 RET$0.{8}3839$0.{8}4223
-9.09%
100 RET$0.{8}7678$0.{8}8446
-9.09%
500 RET$0.{7}3839$0.{7}4223
-9.09%
1000 RET$0.{7}7678$0.{7}8446
-9.09%

Today vs. 1 year ago

Amount23:54 today1 year ago1Y change
0.5 RET$0.{10}3839$0.{10}9315
-58.79%
1 RET$0.{10}7678$0.{9}1863
-58.79%
5 RET$0.{9}3839$0.{9}9315
-58.79%
10 RET$0.{9}7678$0.{8}1863
-58.79%
50 RET$0.{8}3839$0.{8}9315
-58.79%
100 RET$0.{8}7678$0.{7}1863
-58.79%
500 RET$0.{7}3839$0.{7}9315
-58.79%
1000 RET$0.{7}7678$0.{6}1863
-58.79%

Renewable Energy price prediction

What will the price of RET be in 2025?

Based on RET's historical price performance prediction model, the price of RET is projected to reach $0.{9}2001 in 2025.

What will the price of RET be in 2030?

In 2030, the RET price is expected to change by -12.00%. By the end of 2030, the RET price is projected to reach $0.{9}3505, with a cumulative ROI of +263.63%.

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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.