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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 interbank exchange rate = 174.5

Right now the USD/LKR interbank exchange rate is 174.5. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Sri Lankan Rupee to 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. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / LKR converter & margin calculator


$USD
₨LKR
Mid-rates:
 

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USD/LKR exchange rates for:

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United States Dollar

Sri Lankan Rupee

1 USD 174.50 LKR
5 USD 872.50 LKR
10 USD 1,745.00 LKR
20 USD 3,490.00 LKR
50 USD 8,725.00 LKR
100 USD 17,450.00 LKR
250 USD 43,625.00 LKR
500 USD 87,250.00 LKR
1,000 USD 174,500.00 LKR
2,000 USD 349,000.00 LKR
5,000 USD 872,500.00 LKR
10,000 USD 1,745,000.00 LKR
50,000 USD 8,725,000.00 LKR
100,000 USD 17,450,000.00 LKR
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United States Dollar

Sri Lankan Rupee

0.0057 USD 1 LKR
0.0287 USD 5 LKR
0.0573 USD 10 LKR
0.1146 USD 20 LKR
0.2866 USD 50 LKR
0.5731 USD 100 LKR
1.4328 USD 250 LKR
2.8655 USD 500 LKR
5.7310 USD 1,000 LKR
11.46 USD 2,000 LKR
28.66 USD 5,000 LKR
57.31 USD 10,000 LKR
286.55 USD 50,000 LKR
573.10 USD 100,000 LKR
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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
20 Apr 2019174.5000Latest
13 Apr 2019175.16971 Week-0.38%
21 Mar 2019178.12931 Month-2.04%
22 Oct 2018172.59006 Months+1.11%
20 Apr 2018156.34001 Year+11.62%
20 Apr 2017152.79332 Years+14.21%
21 Apr 2014130.71505 Years+33.5%
22 Apr 2009119.850010 Years+45.6%

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

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

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."