Mauritian dollar
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The dollar was the currency of Mauritius until 1877. Initially, it was made up of Spanish dollars, with paper money and new coins being issued in the 1820s (see Anchor coinage). The dollar was initially pegged at a value of 2 Indian rupees, then at 4 shillings sterling. In 1822, coins for 25 and 50 sous were issued due to the continued use of the French colonial livre.
The dollar circulated alongside sterling and the Indian rupee. An unofficial exchange rate of 2 rupees to the dollar was used, although this overvalued the rupee for a time.
In 1877, the Mauritian rupee was introduced. It replaced the dollar at a rate of 2 rupees = 1 dollar.
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