The currency of the islands is the Seychelles Rupee (SCR). ATMs usually have the best exchange rates; but airports and banks also conveniently exchange money.
Trading in foreign exchange, which was illegal for a long time, was legalised in November 2008 and the currency was freely traded. This also wiped out the previously widespread black market, which traded at up to twice the official rate. For one pound you get about 21-22 rupees in January 2012.
Shopping in Seychelles
For shopping, the best place to go is the capital city, Victoria, more specifically the city center market. There are also a few outlets on the island, Praslin, but little shopping on the other islands. Larger hotels have boutiques, but shopping in Seychelles is not one of the main attractions.
When visiting the Seychelles, it is advisable to buy traditional Seychelles souvenirs such as coco de mer or “sea nuts”, which are native to the Seychelles Islands and require an export license. Also available are seashell and pearl jewelry, textiles, straw hats, handicrafts, crochet, paintings by local artists, and woodwork.
Tipping in Seychelles
Most service providers already include a service charge of 5% – 10%. Tipping is not compulsory in Seychelles, but any extra change is greatly appreciated.