Currency

The Seychelles Currency: Understanding the Seychelles Rupee (SCR)

The local currency in Seychelles is the Seychelles Rupee (SCR). For reference, 1 Euro typically equals about 15 Rupees, which means one Rupee is approximately equivalent to 0.06 Euros. The currency is available in coins valued at 5, 10, 25 Cents, and 1 and 5 Rupees. Banknotes are issued in denominations of 10, 25, 50, 100, and 500 Rupees. You can check the latest exchange rates at the Central Bank of Seychelles.

Best Practices for Currency Exchange in Seychelles

It is advisable to withdraw money from ATMs or exchange cash directly in Seychelles rather than in your home country, as fees abroad can result in a less favorable exchange rate. Major towns in Seychelles offer numerous exchange offices and banks; it's wise to compare rates since they can vary. Additionally, there are two ATMs at the airport where you can withdraw cash upon arrival. Credit cards are widely accepted across the islands.

In many hotels and restaurants, it's possible to pay in Euros, but using the local Seychelles Rupee is recommended to avoid higher costs. Engaging in exchange transactions with unauthorized individuals is strongly discouraged.

Tip: Managing Your Currency Before Departure

Before leaving Seychelles, try to spend all your Seychelles Rupees or exchange them back into Euros, Swiss Francs, or US Dollars. Most banks outside of Seychelles do not accept SCR, making it difficult to exchange them once home.