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AUD/LKR - Convert Compare Save

Australian Dollar to Sri Lankan Rupee exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to Sri Lankan Rupee exchange rate, has news, forecasts and AUD to LKR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/LKR Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/LKR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive LKR(₨)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
1,176,000 LKR
Best Overall
117.60^3.26%
BankSA International Money Transfers
BankSA logo
1,170,753 LKR
5,247 LKR
117.3120.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
1,170,636 LKR
5,364 LKR
117.31213.7%
National Australia Bank (nab) logo
1,156,350 LKR
19,650 LKR
115.89224.88%
ANZ Bank logo
1,150,765 LKR
25,235 LKR
115.284185.34%
Commonwealth Bank (CBA) logo
1,149,010 LKR
26,990 LKR
114.976 5.48%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
1,147,077 LKR
28,923 LKR
114.92155.64%
St George Bank logo
1,146,303 LKR
29,697 LKR
114.86205.7%
Westpac logo
1,085,724 LKR
90,276 LKR
108.792010.69%
OFX (OzForex): Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:117.6 (3.26% from mid-rate)
LKR amount:1,176,000 LKR
Total Cost:3.26%
Time:
Rate Fetched: Tue Jun 18 2019 16:01:23 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
BankSA: Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:117.31 (3.5% from mid-rate)
LKR amount:1,170,753 LKR
Total Cost:3.69%
Difference:
5,247 LKR less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:32 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:117.31 (3.5% from mid-rate)
LKR amount:1,170,636 LKR
Total Cost:3.7%
Difference:
5,364 LKR less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:32 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:115.89 (4.67% from mid-rate)
LKR amount:1,156,350 LKR
Total Cost:4.88%
Difference:
19,650 LKR less than using OFX (OzForex)
Time:
Rate Fetched: website - Tue Jun 18 2019 15:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:115.284 (5.17% from mid-rate)
LKR amount:1,150,765 LKR
Total Cost:5.34%
Difference:
25,235 LKR less than using OFX (OzForex)
Time:
Rate Fetched: website - Tue Jun 18 2019 16:03:06 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:114.97 (5.42% from mid-rate)
LKR amount:1,149,010 LKR
Total Cost:5.48%
Difference:
26,990 LKR less than using OFX (OzForex)
Time:
Rate Fetched: website - Tue Jun 18 2019 16:02:01 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:116.6 (4.08% from mid-rate)
LKR amount:1,147,077 LKR
Total Cost:5.64%
Difference:
28,923 LKR less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
St George Bank: Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:114.86 (5.51% from mid-rate)
LKR amount:1,146,303 LKR
Total Cost:5.7%
Difference:
29,697 LKR less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:32 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
Westpac: Foreign Transfer AUD→LKR
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:108.79 (10.51% from mid-rate)
LKR amount:1,085,724 LKR
Total Cost:10.69%
Difference:
90,276 LKR less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 06/18/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount LKR(₨)Exchange RateFee AUDTotal CostDeal Links
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
115,560 LKR
Compare
117.32$154.94%
BankSA Foreign Currency
BankSA logo
115,560 LKR117.32$154.94%
National Australia Bank (nab) logo
113,939 LKR
1,621 LKR
115.09106.28%
Banks - Average Rate
Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
113,420 LKR
2,140 LKR
114.92106.71%
Commonwealth Bank (CBA) logo
111,355 LKR
4,205 LKR
112.48$108.4%
St George Bank logo
110,684 LKR
4,876 LKR
112.37$158.96%
Travelex Online AU logo
107,993 LKR
7,567 LKR
107.9933$0 BPay, Card 0.72%-1%11.17%
Bank of Melbourne: Travel Money AUD→LKR
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:117.32 (3.5% from mid-rate)
LKR amount:115,560 LKR
Total Cost:4.94%
Time:
Rate Fetched: website - 16:33 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
BankSA: Travel Money AUD→LKR
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:117.32 (3.5% from mid-rate)
LKR amount:115,560 LKR
Total Cost:4.94%
Time:
Rate Fetched: website - 16:33 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→LKR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:115.09 (5.33% from mid-rate)
LKR amount:113,939 LKR
Total Cost:6.28%
Time:
Rate Fetched: website - 16:33 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→LKR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:115.56 (4.94% from mid-rate)
LKR amount:113,420 LKR
Total Cost:6.71%
Currency Services:Branch
Delivery/Collect:-
Commonwealth Bank (CBA): Travel Money AUD→LKR
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:112.48 (7.48% from mid-rate)
LKR amount:111,355 LKR
Total Cost:8.4%
Time:
Rate Fetched: website - Tue Jun 18 2019 16:02:01 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→LKR
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:112.37 (7.57% from mid-rate)
LKR amount:110,684 LKR
Total Cost:8.96%
Time:
Rate Fetched: website - 16:33 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
Travelex Online AU: Travel Money AUD→LKR
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:107.9933 (11.17% from mid-rate)
LKR amount:107,993 LKR
Total Cost:11.17%
Time:
Rate Fetched: Tue Jun 18 2019 16:00:05 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 06/18/2019 - See full table

AUD to LKR interbank exchange rate = 121.6111

Looking for LKR travel money? Then it is important to note that the Sri Lankan Rupee is a closed currency. Which means that it is more difficult (but not impossible) to purchase the currency before departure and may need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees. Compare Travel Cards

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/LKR exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD and LKR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs LKR, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In mid-June, the Australian dollar slumped to multi-month lows against SGD, CAD, JPY, CHF, USD and EUR. At US68.7¢, the benchmark Aussie rate, AUD/USD, was 16 percent below its highest rate from 2018.

Investors are selling AUD as they bet on aggressive interest rate cuts by the Reserve Bank of Australia. These cuts will be necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end, or even easing.

The RBA is likely to cut interest rates in July, as it did in June (the first cut in 3 years), and will probably cut again later this year. Although this bodes poorly for the Aussie, it won’t be the only currency this year to be hit by easier central bank policies, and that should keep depreciation at reasonable levels.

Interestingly, AUD has, for now at least, decoupled from commodity prices. The price of iron ore (Australia’s largest export) is at multi-year highs while AUD languishes.

Read more in the article AUD Forecasts.

 

Sri Lankan Rupee (LKR)

As of September 2018, Sri Lanka is at the top of a list of seven emerging market countries that are most likely to join nations such as Turkey and Argentina in a currency crisis according to the investment bank Nomura. "Sri Lanka is at risk of a crisis erupting at any time," the economists noted.

"With foreign exchange reserves of less than five months of import cover and high short-term external debt of around $US7.5 billion, its refinancing needs are large. Political stability also remains an issue."

Why can't I just get the AUD/LKR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / LKR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates