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 details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
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.
USD to LKR Market Data
US dollar (USD) to Sri Lankan rupee (LKR) market data - latest interbank exchange rate, trend, chart & historic rates.
USD to LKR is at 7-day lows near 299.2, just above its 3-month average, having traded in a very stable 2.6% range from 293.1 to 300.8
|
Tracker
Is the USD 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 US dollar against the Sri Lankan rupee is to review how the USD/LKR rate has changed over time.
The table below shows the percentage change in the USD to LKR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
USD/LKR
Change
Period
07 Jul 2023
311.07
5.6% ▲
2 Week
22 Apr 2023
322.85
1.7% ▲
3 Month
21 Jul 2022
360.33
8.9% ▼
1 Year
22 Jul 2018
158.86
106.7% ▲
5 Year
23 Jul 2013
131.70
149.3% ▲
10 Year
26 Jul 2003
97.16
237.9% ▲
20 Year
USD/LKR historic rates & change to 21-Jul-2023
$USD/LKR trading near 299.2, hitting 7-day lows but staying in tight 2.6% range (293.1-300.8). Rising US jobless claims sparking Fed rate cut speculation. Analysts warn LKR faces pressure from political unrest, tourism decline & new US tariffs - expect volatility ahead. #forex #LKR
To help you understand the real-world value of the current exchange rate, the table below shows how much US 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 USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to LKR?
The best USD to LKR exchange rate is 297.37 from XE. This is -0.6% compared to the mid-market rate 299.17.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Sri Lankan rupee (LKR) rates from different sources before making a conversion.
The above
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 USD-LKR mid-rate and the possible savings of using various providers.
How do USD-LKR rates compare between providers?
Looking at the
full comparison table
the best USD to LKR exchange rate is 297.37 from XE, -0.6% from the mid-market rate 299.17. The next best rate is 297.22 from Wise, -0.65% from the mid-rate. Then Western Union with 294.38 is -1.6% from the mid-rate.
Among the banks the Chase Bank rate is 272.56 at -8.9% the Wells Fargo Bank rate is 270.76 at -9.5% and the Citibank rate is 284.52 at -4.9% compared to the mid-rate 299.17.
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.
View a full list of exchange rates by selecting your Base (from) currency: