The Mauritian dollar is the official currency of Mauritius, an island nation located in the Indian Ocean. It is abbreviated as MUR and is subdivided into 100 cents. The currency was introduced in 1876, replacing the Mauritian rupee, and has undergone several changes in design and value over the years. The Mauritian dollar is used for everyday transactions in Mauritius and is essential for both locals and tourists. The currency is issued by the Bank of Mauritius, which regulates its supply and maintains its stability. Exchange rates can fluctuate, so it's important for travelers to check current rates when planning their visit.