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Gold has long been regarded as a timeless investment, especially during periods of economic uncertainty…
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, issued by the Central Bank of Sri Lanka. It is abbreviated as Rs or රු in Sinhala and ரூ in Tamil. The rupee is subdivided into 100 cents, though due to inflation, cent denominations are rarely used. Sri Lanka has faced economic challenges, including high inflation and currency devaluation, leading to fluctuations in the value of the rupee. Banknotes are available in denominations ranging from Rs. 20 to Rs. 5,000, while coins are issued in values of Rs. 1, Rs. 2, Rs. 5, and Rs. 10. The Sri Lankan Rupee is a controlled currency, meaning its exchange outside of Sri Lanka is limited.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.