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USD to LKR - Compare Exchange Rates

United States Dollar to Sri Lankan Rupee - Convert Compare Save

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 and Travel Money transactions as shown below.

 

USD to LKR mid-rate = 179.7

Right now the USD/LKR market mid-rate is 179.7 and represents ideally how many Sri Lankan Rupee you can get for one United States Dollar.

Looking for LKR travel money? Then it is important to note that the Sri Lankan Rupee is a closed currency. Which means that you will not be able to purchase the currency before departure and will 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

This USD/LKR Converter calculates equivalent United States Dollar to Sri Lankan Rupee amounts at the market mid-rate:

USD / LKR mid-rate converter


$USD


₨LKR
1 United States Dollar equals
179.7 Sri Lankan Rupee

Compare how much you can save on
USD/LKR exchange rates for:

Foreign Transfers Travel Cash/Cards

 
 
1 Week USD to LKR Chart
Loading USD/LKR rates

United States Dollar

Sri Lankan Rupee

1 USD 179.70 LKR
5 USD 898.50 LKR
10 USD 1,797.00 LKR
20 USD 3,594.00 LKR
50 USD 8,985.00 LKR
100 USD 17,970.00 LKR
250 USD 44,925.00 LKR
500 USD 89,850.00 LKR
1,000 USD 179,700.00 LKR
2,000 USD 359,400.00 LKR
5,000 USD 898,500.00 LKR
10,000 USD 1,797,000.00 LKR
50,000 USD 8,985,000.00 LKR
100,000 USD 17,970,000.00 LKR
See more

United States Dollar

Sri Lankan Rupee

0.0056 USD 1 LKR
0.0278 USD 5 LKR
0.0557 USD 10 LKR
0.1113 USD 20 LKR
0.2783 USD 50 LKR
0.5565 USD 100 LKR
1.3913 USD 250 LKR
2.7825 USD 500 LKR
5.5650 USD 1,000 LKR
11.13 USD 2,000 LKR
27.83 USD 5,000 LKR
55.65 USD 10,000 LKR
278.25 USD 50,000 LKR
556.50 USD 100,000 LKR
See more

LKR Country Guides
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United States Dollar to Sri Lankan Rupee (USD-LKR) - 10 Year History

The below table shows the historic variation in the USD/LKR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
19 Feb 2019179.6000Latest
12 Feb 2019178.30001 Week+0.73%
20 Jan 2019181.65001 Month-1.13%
23 Aug 2018160.85916 Months+11.65%
19 Feb 2018155.69371 Year+15.35%
19 Feb 2017151.28712 Years+18.71%
20 Feb 2014130.92045 Years+37.18%
21 Feb 2009114.311110 Years+57.12%

Why can't I just get the USD/LKR market rate I see on Google or in the Media?

The USD/LKR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / LKR was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market USD/LKR midrate the better deal you are getting.

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

The three things you need in order to get a good USD to LKR exchange rate

  1. Know the latest USD/LKR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Sri Lankan Rupee

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs LKR, you should pay attention to both United States Dollar and Sri Lankan Rupee news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Sri Lankan Rupee (LKR) - Market news and forecasts

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."

Currency News and Forecasts - United States Dollar

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets