The Seychelles rupee is the currency of the Republic of Seychelles, an island nation located in the Indian Ocean. The currency is denoted by the symbol "SCR" and is divided into 100 cents. The Central Bank of Seychelles is responsible for issuing and controlling the currency.The Seychelles rupee is pegged to the US dollar at a rate of 1 USD = 13.5 SCR. This means that the exchange rate between the two currencies is fixed and does not fluctuate. This peg was established to promote stability in the Seychelles economy, as the country is heavily dependent on tourism and foreign trade.The Seychelles rupee is not a widely traded currency, and it may be difficult to exchange it outside of the Seychelles. Most major currencies can be exchanged at banks and currency exchange services within the country, and US dollars and Euros are widely accepted as payment.It's important to note that the Seychelles rupee is not freely convertible and there are certain restrictions on the amount of currency that can be brought in or taken out of the country. Tourists should check the regulations before travelling to Seychelles, and consider carrying some US dollars or Euros for emergency situations.
