Information about Seychelles.
|ISO code/s||SC / SYC|
Seychelles (officially the Republic of Seychelles), is an archipelago in the Indian Ocean. The 115-island country, whose capital is Victoria, lies 1,500 kilometres east of mainland Southeast Africa. Other nearby island countries and territories include Zanzibar to the west and Comoros, Mayotte, Madagascar, Réunion and Mauritius to the south.
Seychelles, with a population of 90,024, has the smallest population of any African state. Seychelles is a member of the African Union.
|Seychelles News Agency||Seychelles to issue new banknotes and coins in December|
|Nov. 3, 2016|
New banknotes and coins with enhanced security features will enter into circulation in Seychelles on Dec. 5, the island nation’s Central Bank said Thursday. Thirty-five species of Seychellois flora and fauna, including the Aldabra giant tortoise and pitcher plant, will feature on the currency. Four different-sized paper banknotes - 500 rupees, 100 rupees, 50 rupees, and 25 rupees - and seven denominations of coins - 10 rupees (previously a bank note) 5 rupees, 1 rupee, 25 cents, 10 cents, 5 cents, and 1 cent - will be introduced.
The current banknotes and coins will remain legal tender and will be in circulation until they are officially demonetized by the Central Bank of Seychelles. The current banknotes and coins have been in circulation since 1998 and 1982 respectively.