Understanding the Table:
The comparison table above helps you see the total cost of your Wise 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 transaction type, details and click ‘GET RATES’.
The average USD rate margin offered by Wise is 0.52%.
This average is based on individual USD 10K transfer rates in the currency pairs from Wise that we monitor.
The tables below show the best and worst exchange rate margins offered by Wise for US dollar (USD 10K) transactions. Margins show the percentage difference from the mid-market rate.
US dollar (USD) to Sri Lankan rupee (LKR) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/LKR Outlook: Slightly positive, but likely to move sideways, as the rate is just above its recent average and shows no clear direction.
USD/EUR Outlook: Bearish, as the USD is significantly below its recent average and near its recent lows, driven by ongoing uncertainties in US fiscal and monetary policies.
USD/JPY Outlook: Bearish, as the exchange rate is below its recent average and near recent lows, influenced by multiple factors.
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 * :
*Converted at the current USD-LKR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Wise USD to LKR exchange rate is 305.68. This is -1.2% compared to the latest USD-LKR mid-market rate 309.35.
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 Wise - Dollar to Sri Lankan rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise and other foreign exchange providers against the latest USD-LKR mid-rate and the possible savings of using various providers.
Looking at the full USD to LKR - Send Money comparison table the provider with the best USD to LKR exchange rate is XE at 307.5, -0.6% from the latest mid-market rate 309.35.
The next best is Wise at 305.68, -1.2% from the mid-rate.
Then Western Union at 304.4, which is -1.6% from the mid-rate.
Among the banks the Chase Bank rate is 276.55 at -10.6% the Wells Fargo Bank rate is 274.69 at -11.2% and the Citibank rate is 288.92 at -6.6% compared to the mid-rate 309.35.
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 like Wise or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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