A practical currency and money guide to travel, living and doing business in Seychelles and the Seychellois rupee (SCR).
What's in this Seychelles currency guide:
The official currency of Seychelles (country code: SC) is the Seychellois rupee, with symbol ₨ and currency code SCR.
The Seychellois rupee (SCR) is the official currency of the Republic of Seychelles, an archipelago nation located in the Indian Ocean. Here are a few things to know about the Seychellois rupee:
Though remote, the Seychelles attract visitors who come for the ultimate romantic escape. After all, there are few places more isolated than this heavenly cluster of islands. To many, the Seychelles is the image of what paradise looks like. Of course, there's more to the Seychelles than pristine beaches. In addition to stunning natural beauty and wildlife, the main island of Mahé, where the capital Victoria is located, boasts beautiful French and British colonial architecture. And of course on a set of beautiful islands such as these there is incredible seafood and incredible resorts.
This is not a budget destination whatsoever. Seychelles is a country that generally caters to honeymooners, celebrities, and high-end tourists. There are few ways to save money on the island but, for the most part, you're going to find this a place hard on your wallet. That being said, paradise is worth the price! But don't worry, if you're not a Hollywood A-lister, there is still a place for you. The Seychelles are not a cheap destination but there are plenty of smaller guest houses and loads of people take the bus to get around the island, which is a total bargain.
The official languages of Seychelles are English and French, while the “Seselwa Creole” is the native language. Road signs are mostly in English, but the names of the villages and beaches are in French.
The Seychelles Rupee is the currency of the country, one euro is worth about 15 rupees Seychelles. The Euro is the most widely-accepted foreign currency, and you will see prices listed in both Euros and sometimes in US dollars. Also, you can bargain down prices if you use euros in certain places, like small hotels. The United States Dollar is also acceptable, but not as favoured as the Euro.
There are also ATMs easily found on the three main islands and airport, but do warn your bank in advance in case they block the card from being used for security. Perhaps take a little cash and your cards for just to be sure.
Several options are available for the traveler to move throughout Seychelles. Mahé is the only international airport in the Seychelles and on arrival you can have recourse to one of the many taxis on site or public transport. Bus services are the main kind of public transport in the Seychelles. A good solution if you're spending a bit of time on Mahé and Praslin is to rent a car for your holiday. Cheaper, fast and free, you can enjoy your holiday at your own pace.
The port of Mahé, several times a day shuttle boats connects the islands of the Seychelles. To go to Praslin, you can also make the trip by helicopter or by boat via Praslin. Prices remain quite affordable and the trip really worth the cost.
Here we list some key points for expats and businesses to consider when managing financial dealings in Seychelles:
Understand Seychellois rupee currency exchange rates: Exchange rates can have a big impact on your finances, so it is important to keep an eye on the SCR exchange rate and consider using a currency exchange service or a credit card that does not charge foreign transaction fees to get the best exchange rate.
Use a local Seychellois rupee bank account: A local SCR bank account can make it easier for you to manage your finances and pay bills while you are in Seychelles. It may also be more convenient to use a local SCR bank account to make purchases and withdraw cash.
Research local laws and regulations: It is important to understand the local laws and regulations that apply to financial transactions in Seychelles. This can help you avoid legal issues and ensure that you are complying with local requirements.
Consider the tax implications: It is important to understand the tax implications of living or doing business in Seychelles. This can help you plan your finances and ensure that you are paying the correct amount of tax.
Seek financial advice: If you are unsure of how to manage your finances in Seychelles, it is a good idea to seek the advice of a financial professional who is familiar with the local financial system. This can help you make informed decisions and avoid financial pitfalls.
The exchange rate of Seychellois rupee (SCR), or the amount of SCR that can be exchanged for a foreign currency, can fluctuate rapidly based on a number of factors, including economic conditions, interest rates, and political events. Below you can check the latest USD/SCR rate plus recent trend, chart, and historic rates.
15 Mar 2023
|0.2% ▲||2 Week|
29 Dec 2022
|0.4% ▼||3 Month|
29 Mar 2022
|8.5% ▼||1 Year|
30 Mar 2018
|2.1% ▼||5 Year|
31 Mar 2013
|12.8% ▲||10 Year|
03 Apr 2003
|128% ▲||20 Year|
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make an International Money Transfer to Seychelles or planning a trip or maybe living there, so will need to exchange and spend Seychellois rupee.
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It is important to note that the exchange rate of the Seychellois rupee can change rapidly and that past performance is not necessarily indicative of future performance. It is advisable to carefully consider the risks and factors that may affect SCR exchange rates before making any financial decisions.