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USD to LKR - Rate Guide

US 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/Card transactions as shown below.

 

1 USD = 181.64 LKR

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USD to LKR - Trading Range (90 Day)
ALERT: 90-DAY HIGHS 🔔 |
USD/LKR at 181.72 is trading near the 90-day average 181.13 with a range 179.29 to 181.72. ALERT: USD/LKR has risen to 90-DAY HIGHS.
18-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from US Dollar to Sri Lankan Rupee

USD

LKR

U$ 1
181.64
U$ 5
908.20
U$ 10
1,816
U$ 20
3,633
U$ 50
9,082
U$ 100
18,164
U$ 250
45,410
U$ 500
90,820
U$ 1,000
181,640
U$ 2,000
363,280
U$ 5,000
908,200
U$ 10,000
1,816,400
U$ 50,000
9,082,000
U$ 100,000
18,164,000
More amounts

USD

LKR

U$ 0.0055
1
U$ 0.0275
5
U$ 0.0551
10
U$ 0.1101
20
U$ 0.2753
50
U$ 0.5505
100
U$ 1.3763
250
U$ 2.7525
500
U$ 5.5050
1,000
U$ 11.01
2,000
U$ 27.53
5,000
U$ 55.05
10,000
U$ 275.25
50,000
U$ 550.50
100,000
More amounts

To calculate specific USD/LKR amounts use our Convert USD 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 (USD & LKR)

United StatesUnited States (USD)Sri LankaSri Lanka (LKR)East TimorEast Timor (USD)
EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks and Caicos IslandsTurks and Caicos Islands (USD)
ZimbabweZimbabwe (USD)

USD and LKR in the Markets

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

US Dollar (USD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD 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 USD 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 USD 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 USD to LKR exchange rate to the present day for periods going back upto 10 years.

PeriodChange*USD/LKRDate
1 Day+0.1%181.574917 Feb 2020
7 Day+0.1%181.481711 Feb 2020
30 Day+0.3%181.243519 Jan 2020
3 Month+1.4%179.286220 Nov 2019
1 Year+1.2%179.610018 Feb 2019
5 Year+36.6%133.047419 Feb 2015
10 Year+58.9%114.381420 Feb 2010

*For period to 18-Feb 21UTC when USD/LKR was 181.7208

When is the best time to exchange USD 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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