Understanding cryptocurrency conversion is essential for investors and traders navigating the digital asset landscape. This guide provides a comprehensive overview of converting Astar (ASTR) to Mauritian Rupee (MUR), including real-time exchange rates, historical trends, market insights, and practical tools to support informed decision-making.
Current ASTR to MUR Exchange Rate
As of the latest update, 1 Astar (ASTR) is equivalent to 1.04 MUR. This rate reflects the current market valuation and fluctuates based on supply and demand dynamics in global cryptocurrency exchanges.
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Quick Conversion Reference
- 0.5 ASTR = ₨0.5194 MUR
- 1 ASTR = ₨1.04 MUR
- 5 ASTR = ₨5.19 MUR
- 10 ASTR = ₨10.39 MUR
- 50 ASTR = ₨51.94 MUR
- 100 ASTR = ₨103.88 MUR
- 500 ASTR = ₨519.42 MUR
- 1,000 ASTR = ₨1,038.85 MUR
Conversely:
- 1 MUR ≈ 0.9626 ASTR
- 50 MUR ≈ 4.81 ASTR
Note: These values do not include platform fees or network transaction costs.
ASTR/MUR Price Trends and Market Performance
24-Hour and Weekly Movement
Over the past 24 hours, Astar has seen a +3.06% increase against the Mauritian Rupee, rising from ₨1.01 to ₨1.04. The price peaked at ₨1.08 during this period and held a low of ₨1.04, indicating moderate intraday stability.
In contrast, over the past seven days, ASTR has experienced a -3.57% decline, showing short-term bearish pressure despite recent gains.
Historical Volatility (Last 90 Days)
| Period | High (MUR) | Low (MUR) | Price Change |
|---|---|---|---|
| 24 Hours | 1.08 | 1.04 | +3.06% |
| 7 Days | 1.12 | 0.9367 | -3.57% |
| 30 Days | 1.36 | 0.9367 | -19.14% |
| 90 Days | 1.57 | 0.9367 | -29.99% |
The data highlights significant downward pressure over the past quarter, with the highest volatility observed in the last month.
Long-Term Price Shift
One year ago, 1 ASTR was valued at approximately ₨3.01 MUR, meaning it has depreciated by -64.82% over the past year. This substantial drop reflects broader market corrections and project-specific developments within the Astar ecosystem.
Key Metrics: Astar Market Overview
Market Capitalization
Astar's current market cap stands at ₨8,445,783,726.59 MUR, calculated using a circulating supply of 8,129,967,600 ASTR.
Trading Volume
- 24-hour trading volume: ₨319,027,664.59 MUR
- Volume change (24h): -27.03% (down ₨118 million)
The declining volume suggests reduced short-term trader interest, which may contribute to price stagnation or consolidation.
What Is Astar (ASTR)?
Astar Network is a scalable, multi-chain smart contract platform built on the Polkadot ecosystem. Designed to support decentralized applications (dApps), Astar enables developers to deploy Web3 solutions across various blockchains through cross-chain virtual machines (XCVM). Its native token, ASTR, is used for governance, staking, transaction fees, and network participation.
With a strong focus on interoperability and developer incentives, Astar aims to become a hub for next-generation blockchain innovation in Asia and beyond.
What Is the Mauritian Rupee (MUR)?
The Mauritian Rupee (MUR) is the official currency of Mauritius, an island nation in the Indian Ocean. It is subdivided into 100 cents and issued by the Bank of Mauritius, established in 1967.
Currency Details
- Symbol: Rs or ₨
- Subunit: Cent (1/100 of a rupee)
- Issuing Authority: Bank of Mauritius
Common Denominations:
- Coins: 5c, 20c, 50c, Rs1, Rs5, Rs10, Rs20
- Banknotes: Rs25, Rs50, Rs100, Rs200, Rs500, Rs1,000, Rs2,000
Each banknote features prominent national figures and iconic landmarks, celebrating Mauritius' cultural heritage and natural beauty.
Exchange Rate Mechanism
The MUR operates under a floating exchange rate system, meaning its value is determined by market forces rather than being pegged to another currency like the USD or EUR. As such, its strength fluctuates based on trade balances, inflation, interest rates, and foreign investment flows.
Is the Mauritian Rupee Stable?
Historically, the MUR has shown moderate volatility against major currencies:
- In early 2019: ~₨35 per USD
- By January 2024: ~₨45 per USD
This represents a depreciation of about 28% over five years, indicating gradual weakening but not hyperinflation or systemic instability.
The central bank maintains macroeconomic stability through monetary policy adjustments and foreign reserve management.
Can You Use MUR in India?
No, Mauritian Rupee is not accepted in India. India uses its own currency — the Indian Rupee (INR) — which is legally recognized only within Indian territory. While both nations share historical ties and linguistic similarities due to colonial influence, their currencies are distinct and non-interchangeable.
Travelers must exchange MUR for INR before conducting transactions in India.
Factors Influencing ASTR to MUR Exchange Rate
Several elements affect the value of ASTR relative to MUR:
- Global Crypto Market Sentiment – Bullish trends boost investor confidence in altcoins like ASTR.
- Polkadot Ecosystem Developments – As Astar integrates deeper with Polkadot, upgrades can drive demand.
- Trading Volume & Liquidity – Lower volumes often lead to higher volatility.
- Macroeconomic Conditions in Mauritius – Inflation and interest rates impact local demand for foreign assets.
- Regulatory Environment – Changes in crypto regulations across regions influence adoption rates.
How to Convert ASTR to MUR
To convert Astar tokens into Mauritian Rupees:
- Choose a reputable cryptocurrency exchange that supports ASTR/MUR or ASTR/USDT pairs.
- Transfer your ASTR to the exchange wallet.
- Sell ASTR for USDT or directly for MUR if available.
- Withdraw funds to your local bank account in MUR.
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Frequently Asked Questions (FAQs)
What is the current price of 1 Astar in Mauritian Rupee?
As of now, 1 Astar (ASTR) equals ₨1.04 MUR. Prices update in real time based on market activity.
Has ASTR’s value increased or decreased recently?
Over the past day, ASTR rose by +3.06%, but it has declined by -3.57% over the past week and -19.14% over the past month.
What was the highest price of ASTR against MUR?
The all-time high for ASTR/MUR was approximately ₨15.07, significantly above its current level.
Why is the ASTR price falling?
Multiple factors could be at play: reduced trading volume (-27%), broader crypto market downturns, lack of recent ecosystem updates, or macroeconomic uncertainty affecting risk appetite.
Can I buy ASTR directly with MUR?
Most platforms don’t offer direct MUR-to-ASTR purchases. However, you can first acquire USDT via P2P trading using MUR and then trade USDT for ASTR on a spot market.
Is investing in Astar risky?
Yes — like all cryptocurrencies, Astar carries high volatility risk. Its price has dropped over 64% year-on-year, so thorough research and risk management are essential before investing.
Final Thoughts
Converting Astar (ASTR) to Mauritian Rupee (MUR) requires understanding both the technical aspects of cryptocurrency trading and macroeconomic factors influencing fiat valuations.
While ASTR shows potential as part of the Polkadot ecosystem, its recent performance indicates caution for short-term investors. Monitoring real-time data, using reliable conversion tools, and staying updated on project developments are crucial steps toward making smarter financial decisions.