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Seychellois rupee

January 08, 2023

The rupee is the currency of the Seychelles. It is subdivided into 100 cents. In the local Seychellois Creole (Seselwa) language, it is called the roupi and roupie in French. The ISO code is SCR.[2] The abbreviation SR is sometimes used for distinction.[3][4] By population, Seychelles is the smallest country to have an independent monetary policy.[5] Several other currencies are also called rupee.

Seychellois rupee
roupie seychelloise (French)
25 cents
ISO 4217
CodeSCR (numeric: 690)
Subunit0.01
Unit
SymbolRe/Rs‎
Denominations
Subunit
 1⁄100cent (c)
BanknotesRs. 10/-,[a] Rs. 25/-, Rs. 50/-, Rs. 100/-, Rs. 500/-[1]
Coins1c, 5c, 10c, 25c
Re. 1/-, Rs. 5/-, Rs. 10/-[1]
Demographics
User(s) Seychelles
Issuance
Central bankCentral Bank of Seychelles
 Websitewww.cbs.sc
Valuation
Inflation2.3%
 Sourcehttp://www.cbs.sc/Downloads/StaExcel/Prices%20Statistics.xlsx, September 2019

Banknotes

 
Re. 1/- banknote of 1943.

British colony

The British Legislative Council authorized the establishment of a Board of Commissioners of Currency through the Paper Currency Ordinance of 1914, which was enacted by C. R. M. O'Brien, the Governor of the Colony of the Seychelles on 10 August 1914.[6][2] In 1914, the government produced emergency issues of notes for 50c, Re. 1/-, Rs. 5/- and Rs. 10/-.

Standard issue notes began to be issued in 1918, with notes for 50c and Re. 1/-, followed by Rs. 5/-, Rs. 10/- and Rs. 50/- in 1928. The 50c and Re. 1/- notes were issued until 1951 and phased out in favour of coins. Rs. 20/- and Rs. 100/- notes were first introduced in 1968, whilst the Rs. 5/- note was replaced by a coin in 1972.[2]

1968–1975 "Elizabeth II" Issue
Image Denomination Obverse Reverse
[1] Rs. 5/- Seychelles black parrot, Queen Elizabeth II
[2] Rs. 10/- Tortoise, Queen Elizabeth II
[3] Rs. 20/- Bridled tern, Queen Elizabeth II
[4] Rs. 50/- Schoner, Queen Elizabeth II
Rs. 100/- Turtles, Queen Elizabeth II

Independent republic

In 1976, the Seychelles Monetary Authority took over the issuance of paper money, issuing notes for Rs. 10/-, Rs. 25/-, Rs. 50/- and Rs. 100/-. This series featured the first President of the Seychelles, Sir James Mancham and replaced all colonial notes issued prior to independence.

In 1979, there was a redesign, featuring a more socialist and modernized theme reminiscent of the René regime. This series was also issued by the Central Bank of Seychelles when it took over full responsibility in the same year.[7]

In 1989, a new series was introduced with better security features and colours.[2]

In 1998, another more high-tech series was introduced with a more practical, ergonomic design. This series later saw an additional ₨.500/- note first introduced in 2005.[2]

2011 update

On June 7, 2011, the Central Bank of Seychelles issued updated Rs. 50/-, Rs. 100/- and Rs. 500/- notes with improved security features. Each of the three banknotes has a holographic patch instead of a foil sailfish which currently appears on the notes.

  • On the Rs. 50/- note, the silver holographic sailfish alternates between the number 50 and an image of the Aldabra rail, a flightless bird.
  • On the Rs. 100/- note, the gold holographic sailfish alternates between the number 100 and an image of the Seychelles giant tortoise.
  • On the Rs. 500/- note, the gold holographic sailfish alternates between the number 500 and an image of the Seychelles scops owl.

Additional security upgrades include a 2.5-mm wide fluorescent security thread on the Rs. 50/- note, a 2.5-mm wide colour-shifting security thread on the Rs. 100/- note, and a 3-mm wide colour-shifting security thread on the Rs. 500/- note. The notes are also protected by De La Rue's unique Gemini technology that fluoresces under ultraviolet light but appears normal in daylight.[8]

The colour schemes of the notes have been revised, with the notes being more green, red, and orange, respectively, than the notes currently in circulation. The new notes also carry the year of printing, as well as the signature of Pierre Laporte, the bank's current governor. Existing notes remain legal tender and will be removed from circulation as they wear out.[9]

2016 changes

In December 2016, the Central Bank of Seychelles issued a new series of banknotes to commemorate 40 years of Seychelles' independence. The theme of this series is "Seychelles' Unique Biodiversity - the backbone of the economy".[10][1]

Current SCR exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD

See also

Notes

  1. ^ As of 2016, the Rs. 10/- note was no longer issued, but still legal tender.[1]

References

  1. ^ a b c d The Central Bank of Seychelles will soon release a new family of banknotes and coins Central Bank of Seychelles (www.cbs.sc). Retrieved on 2016-11-06.
  2. ^ a b c d e "Seychelles Rs. 100 banknote 1975 Queen Elizabeth II". Retrieved 2020-05-29.
  3. ^ Ministry Of Foreign Affairs – The Republic of Seychelles
  4. ^ Currencies of the World
  5. ^ Magnús Halldórsson (23 January 2018). "Krónuáhættan hefur magnast upp". Kjarninn (in Icelandic). Retrieved 22 February 2019.
  6. ^ Linzmayer, Owen (2012). "Seychelles". The Banknote Book. San Francisco, CA: www.BanknoteNews.com.
  7. ^ "Seychelles Rs. 100 banknote 1975 Queen Elizabeth II". Retrieved 2020-05-29.
  8. ^ "Seychelles new 50-, 100-, and 500-rupee notes confirmed – BanknoteNews". Retrieved 2020-05-29.
  9. ^ Seychelles new 50-, 100-, and 500-rupee notes confirmed BanknoteNews.com. September 6, 2011. Retrieved on 2013-02-02.
  10. ^ Seychelles new banknote family (B419-B422) reported for Dec. 2016 introduction Banknote News (banknotenews.com). November 3, 2016. Retrieved on 2016-11-05.

External links

  • The banknotes of Seychelles (in English and German)
Preceded by:
Mauritian rupee
Reason: became a separate crown colony in 1903
Ratio: at par 		Currency of Seychelles
1914 – 		Succeeded by:
Current

January 08, 2023
seychellois, rupee, rupee, currency, seychelles, subdivided, into, cents, local, seychellois, creole, seselwa, language, called, roupi, roupie, french, code, abbreviation, sometimes, used, distinction, population, seychelles, smallest, country, have, independe. The rupee is the currency of the Seychelles It is subdivided into 100 cents In the local Seychellois Creole Seselwa language it is called the roupi and roupie in French The ISO code is SCR 2 The abbreviation SR is sometimes used for distinction 3 4 By population Seychelles is the smallest country to have an independent monetary policy 5 Several other currencies are also called rupee Seychellois rupeeroupie seychelloise French 25 centsISO 4217CodeSCR numeric 690 Subunit0 01UnitSymbolRe Rs DenominationsSubunit 1 100cent c BanknotesRs 10 a Rs 25 Rs 50 Rs 100 Rs 500 1 Coins1c 5c 10c 25cRe 1 Rs 5 Rs 10 1 DemographicsUser s SeychellesIssuanceCentral bankCentral Bank of Seychelles Websitewww cbs scValuationInflation2 3 Sourcehttp www cbs sc Downloads StaExcel Prices 20Statistics xlsx September 2019 Contents 1 Banknotes 1 1 British colony 1 2 Independent republic 1 2 1 2011 update 1 2 2 2016 changes 2 See also 3 Notes 4 References 5 External linksBanknotes Edit Re 1 banknote of 1943 British colony Edit The British Legislative Council authorized the establishment of a Board of Commissioners of Currency through the Paper Currency Ordinance of 1914 which was enacted by C R M O Brien the Governor of the Colony of the Seychelles on 10 August 1914 6 2 In 1914 the government produced emergency issues of notes for 50c Re 1 Rs 5 and Rs 10 Standard issue notes began to be issued in 1918 with notes for 50c and Re 1 followed by Rs 5 Rs 10 and Rs 50 in 1928 The 50c and Re 1 notes were issued until 1951 and phased out in favour of coins Rs 20 and Rs 100 notes were first introduced in 1968 whilst the Rs 5 note was replaced by a coin in 1972 2 1968 1975 Elizabeth II IssueImage Denomination Obverse Reverse 1 Rs 5 Seychelles black parrot Queen Elizabeth II 2 Rs 10 Tortoise Queen Elizabeth II 3 Rs 20 Bridled tern Queen Elizabeth II 4 Rs 50 Schoner Queen Elizabeth IIRs 100 Turtles Queen Elizabeth IIIndependent republic Edit In 1976 the Seychelles Monetary Authority took over the issuance of paper money issuing notes for Rs 10 Rs 25 Rs 50 and Rs 100 This series featured the first President of the Seychelles Sir James Mancham and replaced all colonial notes issued prior to independence In 1979 there was a redesign featuring a more socialist and modernized theme reminiscent of the Rene regime This series was also issued by the Central Bank of Seychelles when it took over full responsibility in the same year 7 In 1989 a new series was introduced with better security features and colours 2 In 1998 another more high tech series was introduced with a more practical ergonomic design This series later saw an additional 500 note first introduced in 2005 2 2011 update Edit On June 7 2011 the Central Bank of Seychelles issued updated Rs 50 Rs 100 and Rs 500 notes with improved security features Each of the three banknotes has a holographic patch instead of a foil sailfish which currently appears on the notes On the Rs 50 note the silver holographic sailfish alternates between the number 50 and an image of the Aldabra rail a flightless bird On the Rs 100 note the gold holographic sailfish alternates between the number 100 and an image of the Seychelles giant tortoise On the Rs 500 note the gold holographic sailfish alternates between the number 500 and an image of the Seychelles scops owl Additional security upgrades include a 2 5 mm wide fluorescent security thread on the Rs 50 note a 2 5 mm wide colour shifting security thread on the Rs 100 note and a 3 mm wide colour shifting security thread on the Rs 500 note The notes are also protected by De La Rue s unique Gemini technology that fluoresces under ultraviolet light but appears normal in daylight 8 The colour schemes of the notes have been revised with the notes being more green red and orange respectively than the notes currently in circulation The new notes also carry the year of printing as well as the signature of Pierre Laporte the bank s current governor Existing notes remain legal tender and will be removed from circulation as they wear out 9 2016 changes Edit In December 2016 the Central Bank of Seychelles issued a new series of banknotes to commemorate 40 years of Seychelles independence The theme of this series is Seychelles Unique Biodiversity the backbone of the economy 10 1 Current SCR exchange ratesFrom Google Finance AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USDFrom Yahoo Finance AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USDFrom XE com AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USDFrom OANDA AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USDSee also EditEconomy of Seychelles Mauritian rupeeNotes Edit As of 2016 update the Rs 10 note was no longer issued but still legal tender 1 References Edit a b c d The Central Bank of Seychelles will soon release a new family of banknotes and coins Central Bank of Seychelles www cbs sc Retrieved on 2016 11 06 a b c d e Seychelles Rs 100 banknote 1975 Queen Elizabeth II Retrieved 2020 05 29 Ministry Of Foreign Affairs The Republic of Seychelles Currencies of the World Magnus Halldorsson 23 January 2018 Kronuahaettan hefur magnast upp Kjarninn in Icelandic Retrieved 22 February 2019 Linzmayer Owen 2012 Seychelles The Banknote Book San Francisco CA www BanknoteNews com Seychelles Rs 100 banknote 1975 Queen Elizabeth II Retrieved 2020 05 29 Seychelles new 50 100 and 500 rupee notes confirmed BanknoteNews Retrieved 2020 05 29 Seychelles new 50 100 and 500 rupee notes confirmed BanknoteNews com September 6 2011 Retrieved on 2013 02 02 Seychelles new banknote family B419 B422 reported for Dec 2016 introduction Banknote News banknotenews com November 3 2016 Retrieved on 2016 11 05 Krause Chester L Clifford Mishler 1991 Standard Catalog of World Coins 1801 1991 18th ed Krause Publications ISBN 0873411501 Pick Albert 1994 Standard Catalog of World Paper Money General Issues Colin R Bruce II and Neil Shafer editors 7th ed Krause Publications ISBN 0 87341 207 9 External links EditThe banknotes of Seychelles in English and German Preceded by Mauritian rupeeReason became a separate crown colony in 1903Ratio at par Currency of Seychelles 1914 Succeeded by Current Portals Africa Money Numismatics Retrieved from https en wikipedia org w index php title Seychellois rupee amp oldid 1131327232, wikipedia, wiki, book, books, library,

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