What is the
WorldRemit Send Money conversion rate for USD to LKR?
The WorldRemit USD to LKR exchange rate is 298.23. This is -1.5% compared to the latest USD-LKR mid-market rate 302.78.
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
WorldRemit - Dollar to Sri Lankan rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest USD-LKR mid-rate and the possible savings of using various providers.
How do WorldRemit USD-LKR rates compare between 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 300.96, -0.6% from the latest mid-market rate 302.78.
The next best is Wise at 300.93, -0.61% from the mid-rate.
Then WorldRemit at 298.23, which is -1.5% from the mid-rate.
The Western Union rate is 287.33 which is -5.1% from the mid-rate.
Among the banks the Chase Bank rate is 278.62 at -8% the Wells Fargo Bank rate is 276.8 at -8.6% and the Citibank rate is 290.73 at -4% compared to the mid-rate 302.78.
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 WorldRemit or platforms that offer rates closer to the mid-market rate.