For example, a price elasticity of alcohol demand of -0.5 means that a 1-percent increase in price would reduce alcohol consumption by 0.5 percent (or a 10-percent increase in price would reduce consumption by 5 percent).
The Local Currency. The Seychelles Rupee (Rs) is the official currency of the Seychelles. One Rupee = 100 cents. The currency is divided into both paper and coin form. Currency is minted in the following denominations.
What is the unit of money in South Africa? Disclaimer: conversions are for illustration purposes only. We use reputable sources but cannot and do not verify each rate we have fetched. We shall not be liable to users or any third party for any damage or loss incurred, monetary or otherwise, directly or indirectly, as a result of using of this function.