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    Best USD to LKR Exchange Rates Compared Live

    The live mid-rate USD to LKR exchange rate is 290.60. Compare currency conversion rates - Reduce FX costs.

    USD-LKR Search & Compare
     
     

    What is the best Send Money conversion rate for USD to LKR?

    The best USD to LKR exchange rate is 288.86 from XE. This is -0.6% compared to the mid-market rate 290.60.

    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.

    How do USD-LKR rates compare between providers?

    Looking at our comparison table the best USD to LKR exchange rate is 288.86 from XE, -0.6% from the mid-market rate 290.60. The next best rate is 288.71 from Wise, -0.65% from the mid-rate. WorldRemit with 283.63 is -2.4% from the mid-rate.

    The Western Union rate is 285.95 which is -1.6% from the mid-rate.

    Among the banks, the Citibank rate is 276.21 at -5%, the Chase Bank rate is 264.59 at -9%, and the Wells Fargo Bank rate is 262.84 at -9.6% 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.

     

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    The Dollar to Sri Lankan rupee comparison table above 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 (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    USD to LKR Market Data

    US dollar (USD) to Sri Lankan rupee (LKR) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 USD =
    290.60We compare provider deals to this wholesale mid-market rate. Read more
    LKR
    ▼-0.1%
    USD to LKR at 290.6 is 1.5% below its 3-month average of 294.9, having traded in a quite stable 5.3% range from 289.9 to 305.2
    |
    Sell USD   →   Buy LKR
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    DateUSD/LKRChangePeriod
    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
     

    What are equivalent amounts of USD and LKR?

    Here are some popular conversion amounts for USD to LKR (US dollar to Sri Lankan rupee)*.

    USD LKR
    $ 1 ₨ 290.60
    $ 5 ₨ 1,453
    $ 10 ₨ 2,906
    $ 20 ₨ 5,812
    $ 50 ₨ 14,530
    $ 100 ₨ 29,060
    $ 250 ₨ 72,650
    $ 500 ₨ 145,300
    $ 1,000 ₨ 290,600
    $ 2,000 ₨ 581,200
    $ 5,000 ₨ 1,453,000
    $ 10,000 ₨ 2,906,000
    $ 20,000 ₨ 5,812,000
    $ 50,000 ₨ 14,530,000
    $ 100,000 ₨ 29,060,000
    USD LKR
    $ 0.0034 ₨ 1
    $ 0.0172 ₨ 5
    $ 0.0344 ₨ 10
    $ 0.0688 ₨ 20
    $ 0.1721 ₨ 50
    $ 0.3441 ₨ 100
    $ 0.8603 ₨ 250
    $ 1.7205 ₨ 500
    $ 3.4410 ₨ 1,000
    $ 6.8820 ₨ 2,000
    $ 17.21 ₨ 5,000
    $ 34.41 ₨ 10,000
    $ 68.82 ₨ 20,000
    $ 172.05 ₨ 50,000
    $ 344.10 ₨ 100,000

    More amounts

    *Converted at the current USDLKR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for USD to LKR

     

    The recent performance of the US dollar (USD) against the Sri Lankan rupee (LKR) reflects a complex interplay of domestic and global economic factors. Following a series of disappointing economic indicators in the US, including underwhelming employment reports and a slowdown in service sector activity, the USD faced some downward pressure. However, FX analysts note that upcoming jobless claims may provide a much-needed boost for the USD if they convey resilience in the US labor market. Moreover, sentiment surrounding Donald Trump’s presidency appears to be rekindling optimism around the dollar, as his proposed pro-business policies and inflation expectations are anticipated to sustain elevated interest rates.

    Read our full review of recent USD to LKR forecasts.

     
    LKR and flag

    How to get a good USD to LKR exchange rate

    There are several ways to save on exchange rates when converting US dollar to Sri Lankan rupee:

    1. Shop around for the best USD/LKR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the USD/LKR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and LKR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Sri Lankan rupee with US dollar, then it's better for the USD/LKR exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    Read our Currency guide to Sri Lanka - a practical currency and money guide to travel, living and doing business in Sri Lanka with the Sri Lankan rupee.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

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    Will the US dollar rise against the Sri Lankan rupee?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add USD/LKR to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

    United StatesUnited States (USD)Sri LankaSri Lanka (LKR)
       
     
     
     

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    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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