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Interbank Convention

Seychelles Interbank Foreign Exchange Market (SIFXM)

The Central Bank of Seychelles (CBS) is developing an interbank market for the trading of foreign exchange as part of its ongoing foreign exchange liberalisation process. The market is called Seychelles Interbank Foreign Exchange Market (SIFXM) and is about buying and selling of foreign exchange between participants as defined below at bid/offer exchange rates.

To read more about the convention

Currency Dates
18-10-2017 19-10-2017 20-10-2017 23-10-2017 24-10-2017
Last Average Quoted rates for buying USD 13.2200 13.2200 13.2500 13.2500 13.2200
Last Average Quoted rates for selling USD 13.9078 13.9078 13.9000 13.9000 13.9078
Weighted Average (SIFXM) Traded USD Rates No Trade No Trade No Trade No Trade No Trade

The SIFXM platform was closed since November 2010 and was re-opened effective May 16, 2011