Seychelles Rupee

The Seychelles Rupee increased to 12.18 in April from 12.10 in March of 2014. Seychelles Rupee averaged 7.34 from 1992 until 2014, reaching an all time high of 17.50 in November of 2008 and a record low of 4.53 in April of 1995. The USDSCR spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the SCR. While the USDSCR spot exchange rate is quoted and exchanged in the same day, the USDSCR forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Seychelles Rupee - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
12.18 12.10 17.50 4.53 12.26 | 2014/05 1992 - 2014 Daily

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Seychelles Rupee
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Markets Last Previous Highest Lowest Forecast Unit
Currency 12.18 2014-04-24 12.10 17.50 4.53 12.26 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Seychelles Exports at 131.00 USD Million  
Exports in Seychelles decreased to 131 USD Million in the third quarter of 2013 from 144 USD Million in the second quarter of 2013. Exports in Seychelles is reported by the Central Bank of Seychelles.
Seychelles GDP Annual Growth Rate at 3.50 Percent  
The Gross Domestic Product (GDP) in Seychelles expanded 4 percent in 2012 from the previous year. GDP Annual Growth Rate in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Balance of Trade at -134.00 USD Million  
Seychelles recorded a trade deficit of 134 USD Million in the third quarter of 2013. Balance of Trade in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Imports at 265.00 USD Million  
Imports in Seychelles increased to 265 USD Million in the third quarter of 2013 from 232 USD Million in the second quarter of 2013. Imports in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Government Debt To GDP at 69.00 Percent  
Seychelles recorded a Government Debt to GDP of 69 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Government Budget at 1.00 Percent of GDP  
Seychelles recorded a Government Budget surplus equal to 1 percent of the country's Gross Domestic Product in 2013. Government Budget in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Unemployment Rate at 1.00 Percent  
Unemployment Rate in Seychelles decreased to 1 percent in 2013 from 2.20 percent in 2012. Unemployment Rate in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Population at 0.09 Million  
The total population in Seychelles was last recorded at 0.1 million people in 2012 from 0.0 million in 1960, changing 125 percent during the last 50 years. Population in Seychelles is reported by the World Bank.
Seychelles Average Prime Lending Rate at 9.64 Percent  
The benchmark interest rate in Seychelles was last recorded at 9.64 percent. Interest Rate in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Current Account to GDP at -19.00 Percent  
Seychelles recorded a Current Account deficit of 19 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Seychelles is reported by the Central Bank of Seychelles.
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