What you should know about...
Sri Lankan Rupees (LKR)
The LKR is the official currency of Sri Lanka, with the symbol ₨.
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Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Sri Lankan Rupees
History
The Sri Lankan Rupees was established as the official currency of Sri Lanka in 1972. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Sri Lanka and Asia. Check our guide about the evolution of LKR to USD to learn more about their exchange rate history.Characteristics
The Sri Lankan Rupees is divided into Cent. You'll find Sri Lankan Rupees banknotes in 20, 50, 100, 500, 1000, 5000 rupees and coins in 1, 2, 5, 10 rupees.Monetary policy
The Sri Lankan Rupees is managed by the Central Bank of Sri Lanka, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Sri Lanka.Currency exchange
The value of the Sri Lankan Rupees is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Sri Lankan Rupees (LKR)
| Currency name | Sri Lankan Rupees | |
| Currency code | LKR | |
| Currency symbol | ₨ | |
| Minor unit | Cent | |
| Minor unit symbol | ¢ | |
| Notes frequently used | 20, 50, 100, 500, 1000, 5000 rupees | |
| Coins frequently used | 1, 2, 5, 10 rupees | |
| Central bank | Central Bank of Sri Lanka | |
| Users | Sri Lanka |
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