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GBP to LKR - Rate Guide

Pound Sterling 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/Card transactions as shown below.

 

1 GBP = 234.22 LKR

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GBP to LKR - Trading Range (90 Day)
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GBP/LKR at 235.17 is trading near the 90-day average 235.87 with a range 230.75 to 241.85. There are no current rate alerts.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Pound Sterling to Sri Lankan Rupee

GBP

LKR

£ 1
234.22
£ 5
1,171
£ 10
2,342
£ 20
4,684
£ 50
11,711
£ 100
23,422
£ 250
58,555
£ 500
117,110
£ 1,000
234,220
£ 2,000
468,440
£ 5,000
1,171,100
£ 10,000
2,342,200
£ 50,000
11,711,000
£ 100,000
23,422,000
More amounts

GBP

LKR

£ 0.0043
1
£ 0.0213
5
£ 0.0427
10
£ 0.0854
20
£ 0.2135
50
£ 0.4269
100
£ 1.0673
250
£ 2.1345
500
£ 4.2690
1,000
£ 8.5380
2,000
£ 21.35
5,000
£ 42.69
10,000
£ 213.45
50,000
£ 426.90
100,000
More amounts

To calculate specific GBP/LKR amounts use our Convert GBP to LKR quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (GBP & LKR)

United KingdomUnited Kingdom (GBP)United Kingdom (GBP)GuernseyGuernsey (GBP)
Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)
Sri LankaSri Lanka (LKR)

GBP and LKR in the Markets

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

Pound Sterling (GBP)

With the Bank of England holding interest rates steady amid signs of a recovery in the health of the UK economy following the general election, the pound is showing strength against most currencies early in 2020.

In the post UK election euphoria the pound rose to over 1.33 USD and 1.20 EUR but has since dropped back over the uncertainty of what sort of trade deal the UK can realistically negotiate with Europe over the next 11 months.

GBP has given up all of those election result gains as Mr Johnson pledged to outlaw any extension to the UK’s post-Brexit transition period at the end of next year. It appears the Brexit volatility in the pound is set to continue for the foreseable future.

Read more in the article GBP 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."


How to get Best GBP to LKR Exchange Rates

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).

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.

What is a good GBP to LKR exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the GBP to LKR exchange rate to the present day for periods going back upto 10 years.

PeriodChange*GBP/LKRDate
1 Day-0.4%236.143918 Feb 2020
7 Day0%235.122012 Feb 2020
30 Day-0.2%235.780320 Jan 2020
3 Month+1.3%232.154721 Nov 2019
1 Year+0.3%234.613419 Feb 2019
5 Year+15.1%204.415920 Feb 2015
10 Year+33.2%176.528421 Feb 2010

*For period to 19-Feb 21UTC when GBP/LKR was 235.2092

When is the best time to exchange GBP to LKR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

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