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AUD to LKR - Rate Guide

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.

 

AUD/LKR update & alerts

1 AUD = 123.95 LKR

Sell AUD - Buy LKR  Invert

AUD to LKR - Trading Range (90 Day)
14-DAY HIGH (3d)
90-DAY TREND: At 123.94 AUD/LKR is trading 0.5% above the average 123.27 with a range 120.76 to 125.34. There are no current alerts.
Update: 06-Dec 16:01-EST 21:01-GMT 08:01-AEDT(+1D)

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AUD/LKR Exchange Rates and Providers Compared

This guide to the Australian Dollar to Sri Lankan Rupee exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to LKR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AUD/LKR Quick Calculator.

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 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.

 
  

AUD to LKR International Money Transfers

  

Foreign Transfer ProvidersReceive LKR(₨)Exchange RateFee AUDTotal CostDeal Links
TorFX logo
1,184,900
Best Overall
118.4904.15%
OFX (OzForex) logo
1,186,000
₨1,100 more
118.60^4.06%
WorldFirst logo
1,230,100
₨45,200 more
123.0100.5%
BankSA International Money Transfers
BankSA logo
1,190,613
₨5,713 more
119.320.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
1,190,495
₨5,595 more
119.3213.7%
ANZ Bank logo
1,189,485
₨4,585 more
119.163183.78%
Banks - Average Rate
National Australia Bank (nab) logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
1,175,934
₨8,966 less
117.8154.88%
National Australia Bank (nab) logo
1,167,027
₨17,873 less
116.96225.6%
Commonwealth Bank (CBA) logo
1,160,403
₨24,497 less
116.116 6.13%
St George Bank logo
1,157,580
₨27,320 less
115.99206.36%
 

TorFX logo

TorFX: Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:118.49 (4.15% from mid-rate)
To Amount (LKR)1,184,900
Total Cost:4.15%
Time:0:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

OFX (OzForex) logo

OFX (OzForex): Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:118.6 (4.06% from mid-rate)
To Amount (LKR)1,186,000
Total Cost:4.06%
Difference:
₨1,100 LKR more than using TorFX
Time:
Rate Fetched: Tue Dec 03 2019 00:01:29 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

WorldFirst logo

WorldFirst: Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:
Exchange Rate:123.01 (0.5% from mid-rate)
To Amount (LKR)1,230,100
Total Cost:0.5%
Difference:
₨45,200 LKR more than using TorFX
Time:0:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

BankSA logo

BankSA: Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:20.01
Exchange Rate:119.3 (3.5% from mid-rate)
To Amount (LKR)1,190,613
Total Cost:3.69%
Difference:
₨5,713 LKR more than using TorFX
Time:
Rate Fetched: website - 0:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Bank of Melbourne logo

Bank of Melbourne: Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:21
Exchange Rate:119.3 (3.5% from mid-rate)
To Amount (LKR)1,190,495
Total Cost:3.7%
Difference:
₨5,595 LKR more than using TorFX
Time:
Rate Fetched: website - 0:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

ANZ Bank logo

ANZ Bank: Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:18
Exchange Rate:119.163 (3.61% from mid-rate)
To Amount (LKR)1,189,485
Total Cost:3.78%
Difference:
₨4,585 LKR more than using TorFX
Time:
Rate Fetched: website - Mon Dec 02 2019 23:03:06 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:117.59 (4.88% from mid-rate)
To Amount (LKR)1,175,934
Total Cost:4.88%
Difference:
₨8,966 LKR less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

National Australia Bank (nab) logo

National Australia Bank (nab): Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:116.96 (5.39% from mid-rate)
To Amount (LKR)1,167,027
Total Cost:5.6%
Difference:
₨17,873 LKR less than using TorFX
Time:
Rate Fetched: website - Mon Dec 02 2019 23:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Commonwealth Bank (CBA) logo

Commonwealth Bank (CBA): Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:116.11 (6.08% from mid-rate)
To Amount (LKR)1,160,403
Total Cost:6.13%
Difference:
₨24,497 LKR less than using TorFX
Time:
Rate Fetched: website - Tue Dec 03 2019 00:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 

St George Bank logo

St George Bank: Foreign Transfer AUD→LKR
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:115.99 (6.18% from mid-rate)
To Amount (LKR)1,157,580
Total Cost:6.36%
Difference:
₨27,320 LKR less than using TorFX
Time:
Rate Fetched: website - 0:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 12/03/2019 - 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
Australia Post logo
119,300
Best Overall
119.3$0 BPay, Card 0.72%-1%3.5%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
117,511
₨1,789 less
119.3A$154.95%
BankSA Foreign Currency
BankSA logo
117,511
₨1,789 less
119.3A$154.95%
National Australia Bank (nab) logo
115,860
₨3,440 less
117.03106.28%
Banks - Average Rate
Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
115,027
₨4,273 less
116.54106.96%
Commonwealth Bank (CBA) logo
112,464
₨6,836 less
113.6A$109.03%
St George Bank logo
111,788
₨7,512 less
113.49A$159.57%
Travelex Online AU logo
107,114
₨12,186 less
107.1144$0 BPay, Card 0.72%-1%13.36%
 

Australia Post logo

Australia Post: Travel Money AUD→LKR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:119.3 (3.5% from mid-rate)
To Amount (LKR)119,300
Total Cost:3.5%
Time:0:02 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
 

Bank of Melbourne logo

Bank of Melbourne: Travel Money AUD→LKR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:119.3 (3.5% from mid-rate)
To Amount (LKR)117,511
Total Cost:4.95%
Time:
Rate Fetched: website - 0:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BankSA logo

BankSA: Travel Money AUD→LKR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:119.3 (3.5% from mid-rate)
To Amount (LKR)117,511
Total Cost:4.95%
Time:
Rate Fetched: website - 0:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

National Australia Bank (nab) logo

National Australia Bank (nab): Travel Money AUD→LKR
From Amount (AUD)A$1,000
Fee:10
Exchange Rate:117.03 (5.33% from mid-rate)
To Amount (LKR)115,860
Total Cost:6.28%
Time:
Rate Fetched: website - 0:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→LKR
From Amount (AUD)A$1,000
Fee:10
Exchange Rate:117.51 (4.95% from mid-rate)
To Amount (LKR)115,027
Total Cost:6.96%
Currency Services:Branch
Delivery/Collect:-
 

Commonwealth Bank (CBA) logo

Commonwealth Bank (CBA): Travel Money AUD→LKR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:113.6 (8.11% from mid-rate)
To Amount (LKR)112,464
Total Cost:9.03%
Time:
Rate Fetched: website - Tue Dec 03 2019 00:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 

St George Bank logo

St George Bank: Travel Money AUD→LKR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:113.49 (8.2% from mid-rate)
To Amount (LKR)111,788
Total Cost:9.57%
Time:
Rate Fetched: website - 0:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Travelex Online AU logo

Travelex Online AU: Travel Money AUD→LKR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:107.1144 (13.36% from mid-rate)
To Amount (LKR)107,114
Total Cost:13.36%
Time:
Rate Fetched: Tue Dec 03 2019 00:00:06 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 12/03/2019 - See full table

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 November it was all downhill traffic for the Australian dollar dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end. At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

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