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.
Comments. 1  You can use Euros, sterling or USD in most resorts as well as the usual credit card. Most items are costed in US dollars. 2  Is it better to change my GBP into US dollars for my trip to the Maldives. 0. 3  In Maldives u can use almost all universal currency. Thought it is advisable to have Euros or Dollars as all the resort prices are in US Dollars, Moreover all the major types of credit Cards are accepted in Maldives.