How to open a bank account in Singapore for foreigners
This article covers: Key Takeaways Types of bank accounts for foreigners in SingaporeBank requirements for…
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.
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