The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Sri Lanka can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Sri Lanka bank accounts or pay a Sri Lankan rupee invoice.
SGD to LKR Market Data
Singapore dollar (SGD) to Sri Lankan rupee (LKR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell SGD →
Buy LKR
1 SGD = 234.76 LKR
▲+0.1% since yesterday
14d-lows
SGD to LKR at 235.0 is 1.4% above its 3-month average of 231.8, having traded in a quite stable 4.5% range from 225.6 to 235.8
Is the SGD to LKR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Sri Lankan rupee is to review how the SGD/LKR rate has changed over time.
The table below shows the percentage change in the SGD to LKR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/LKR
Change
Period
07 Jul 2023
230.44
7.1% ▲
2 Week
22 Apr 2023
241.82
2% ▲
3 Month
21 Jul 2022
259.27
4.8% ▼
1 Year
22 Jul 2018
116.72
111.4% ▲
5 Year
23 Jul 2013
104.22
136.7% ▲
10 Year
26 Jul 2003
55.55
344.1% ▲
20 Year
SGD/LKR historic rates & change to 21-Jul-2023
SGD to LKR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Sri Lankan rupee across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
best Send Money conversion rate for SGD to LKR?
The best SGD to LKR exchange rate is 233.36 from XE. This is -0.6% compared to the mid-market rate 234.76.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Singapore dollar (SGD) to Sri Lankan rupee (LKR) rates from different sources before making a conversion.
The above
Singapore dollar to Sri Lankan rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest SGD-LKR mid-rate and the possible savings of using various providers.
How do SGD-LKR rates compare between providers?
Looking at the full
SGD to LKR - Send Money comparison table the provider with the best SGD to LKR exchange rate is XE at 233.36, -0.6% from the latest mid-market rate 234.76.
The next best is Wise at 233.36, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.