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Mauritius Cash in Circulation Surpasses Rs 71 Billion Milestone
The total value of currency circulating within the economy has officially crossed the Rs 71 billion mark, representing a significant year-on-year increase in liquidity.
According to latest figures, money in circulation rose from Rs 67.27 billion in March 2025 to Rs 71.07 billion by the end of March 2026.
This trajectory marks a growth rate of approximately 5.6% over the twelve-month period.
High-Value Banknotes Dominate
The surge in physical cash is driven almost entirely by high-denomination banknotes. Data reveals that the Rs 1,000 and Rs 2,000 notes concentrate the vast majority of the country’s cash liquidity.
The Rs 1,000 note remains the undisputed heavyweight of the economy, accounting for Rs 45.88 billion of the total supply.
The following table illustrates the breakdown of banknotes in circulation as of March 2026:
| Denomination | Value in Circulation |
| Rs 2,000 | Rs 9.45 billion |
| Rs 1,000 | Rs 45.88 billion |
| Rs 500 | Rs 7.69 billion |
| Rs 200 | Rs 2.72 billion |
| Rs 100 | Rs 2.31 billion |
| Rs 50 | Rs 522.1 million |
| Rs 25 | Rs 383.9 million |
Coinage and Small Change
While banknotes represent the bulk of the value, the circulation of coinage remains diverse. As of March 2026, the Rs 10 coin leads the category in terms of total value, followed by the Rs 20 piece.
The distribution of coins in the economy is detailed below:
| Denomination | Value in Circulation |
| Rs 20 | Rs 461.3 million |
| Rs 10 | Rs 580.2 million |
| Rs 5 | Rs 241.3 million |
| Re 1 | Rs 281.3 million |
| 50 Cents | Rs 53.4 million |
| 25 Cents | Rs 6.3 million |
| 20 Cents | Rs 61.4 million |
| 10 Cents | Rs 2.4 million |
| 5 Cents | Rs 15.4 million |
| 2 Cents | Rs 300,000 |
| 1 Cent | Rs 200,000 |
Lower denominations continue to facilitate smaller transactions, though they represent only a fraction of the total Rs 71.07 billion currently held by the public and businesses.
Source: Defi Media