From Friction to Flow: How Aniday Scaled Global Payments with Instarem
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The Seychellois Rupee (SCR) is the official currency of Seychelles, issued by the Central Bank of Seychelles. It was introduced in 1914, replacing the Mauritian Rupee. The rupee is a free-floating currency, with its value influenced by tourism, fishing, and offshore financial services, which are the key pillars of Seychelles' economy. The currency is subdivided into 100 cents, and banknotes range from SCR 25 to SCR 500, while coins range from 1 cent to SCR 10. While foreign currencies such as the Euro (EUR) and U.S. Dollar (USD) are widely accepted in the tourism sector, all official transactions are conducted in rupees.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.