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base info Arbitrum

Arbitrum to Sri Lankan Rupee Converter and calculator

Convert 1Arbitrum (ARB) to Sri Lankan Rupee (LKR) equals Rs 360.7 | Bitget

LKR information

About Sri Lankan Rupee (LKR)

The Sri Lankan Rupee (LKR), established in 1885, is more than just the monetary unit of Sri Lanka; it represents the nation's rich cultural heritage and its evolving economic landscape. It is commonly abbreviated as LKR and represented by the symbol Rs. As a key player in Sri Lanka's economic activities, the Rupee has witnessed the country's journey from a colonial past to an independent nation striving for economic growth and stability.

Historical Background

The introduction of the Sri Lankan Rupee marked a significant shift from the British Indian Rupee, aligning with Sri Lanka's (then Ceylon) transition towards economic self-sufficiency. This change was part of the broader colonial policy but later became a symbol of national identity after Sri Lanka gained independence in 1948.

Design and Symbolism

The design of the Sri Lankan Rupee is a vivid reflection of the country's diverse flora and fauna, historical landmarks, and figures who have shaped its history. The notes and coins feature images of ancient kings, renowned figures, native wildlife, and significant cultural and natural sites. These elements are not just decorative; they are imbued with the nation's story and pride.

Economic Role

The Rupee plays a central role in Sri Lanka’s economy, which is characterized by its tea, rubber, and coconut exports, along with a growing tourism industry and remittances from overseas workers. As the primary medium of exchange, it facilitates trade and transactions within these sectors, underpinning the country's economic activity.

Monetary Policy and Inflation

Managed by the Central Bank of Sri Lanka, the Rupee has faced challenges including inflation and depreciation, particularly in times of political and economic instability. The bank’s monetary policies aim to stabilize the currency, which is crucial for maintaining economic confidence and attracting foreign investment.

International Trade and the Sri Lankan Rupee

The value of the Rupee is significant in international trade, particularly for Sri Lanka's exports like textiles and tea. A stable Rupee is important for maintaining competitive export prices and attracting foreign direct investment.

Remittances and Economic Impact

Remittances from the Sri Lankan diaspora, especially from the Middle East and Europe, are a significant source of foreign income. These remittances, converted into Rupees, play a substantial role in supporting families and contributing to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Arbitrum currency pair is the ARB to LKR, with for Arbitrum's currency code being ARB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

ARB to LKR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Arbitrum has changed +6.14% to LKR. Based on the trend and price charts, Arbitrum(ARB) has changed +6.14% to LKR while Sri Lankan Rupee(LKR) has changed % to ARB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs360.32
0.0001% / 0.0004%vip-iconVIP
Binance
Rs359.31
0.1000% / 0.1000%
Yes
OKX
Rs359.31
0.080% / 0.100%
Yes
Huobi
Rs359.49
0.1000% / 0.1000%
Yes
Gate.io
Rs359.28
0.1000% / 0.1000%
Yes
Bybit
Rs360.5
0.1000% / 0.1000%
Yes
KuCoin
Rs359.55
0.1000% / 0.1000%
Yes
Bitfinex
Rs359.85
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 16:00:32(UTC+0)

What factors influence the conversion rate of Arbitrum to Sri Lankan Rupee?

Arbitrum to Sri Lankan Rupee is falling this week.
Arbitrum's current market price is Rs 360.7 per ARB, with a total market cap of Rs 957,269,053,862.33 LKR based on a circulating supply of 2,653,939,500 ARB. The trading volume of Arbitrum has changed by -43.82% (Rs -162,020,621,255.20 LKR) in the last 24 hours. Last trading day, ARB's trading volume was Rs 369,710,045,603.63.
Market cap
$3.21B
24h volume
$695.94M
Circulating supply
2.65B ARB

Conversion tables

The exchange rate of Arbitrum is decreasing.
1 ARB is currently valued at Rs 360.7 LKR , which means buying 5 ARB will cost Rs 1,803.49 LKR . Similarly, Rs1 LKR can be traded for 0.002772 ARB, and Rs50 LKR can be converted to 0.1386 ARB, excluding any platform or gas fees.
The exchange rate of 1 ARB to Sri Lankan Rupee has changed by -22.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.14%, reaching a high of 377.77 LKR and a low of 331.04 LKR . One month ago, the value of 1 ARB was Rs 550.16 LKR , which represents a -34.45% change from its current value. Over the last year, Arbitrum has changed by
-Rs
125.72LKR
, resulting in a change of -25.86% in its value.

ARB to LKR

Amount
16:04 today
0.5 ARB
Rs180.35
1 ARB
Rs360.7
5 ARB
Rs1,803.49
10 ARB
Rs3,606.97
50 ARB
Rs18,034.87
100 ARB
Rs36,069.74
500 ARB
Rs180,348.71
1000 ARB
Rs360,697.43

LKR to ARB

Amount16:04 today
0.5LKR0.001386  ARB
1LKR0.002772  ARB
5LKR0.01386  ARB
10LKR0.02772  ARB
50LKR0.1386  ARB
100LKR0.2772  ARB
500LKR1.39  ARB
1000LKR2.77  ARB
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Today vs. 24 hours ago

Amount16:04 today24 hours ago24h change
0.5 ARB$0.6043$0.5694
+6.14%
1 ARB$1.21$1.14
+6.14%
5 ARB$6.04$5.69
+6.14%
10 ARB$12.09$11.39
+6.14%
50 ARB$60.43$56.94
+6.14%
100 ARB$120.86$113.88
+6.14%
500 ARB$604.32$569.41
+6.14%
1000 ARB$1,208.65$1,138.82
+6.14%

Today vs. 1 month ago

Amount16:04 today1 month ago1M change
0.5 ARB$0.6043$0.9218
-34.45%
1 ARB$1.21$1.84
-34.45%
5 ARB$6.04$9.22
-34.45%
10 ARB$12.09$18.44
-34.45%
50 ARB$60.43$92.18
-34.45%
100 ARB$120.86$184.35
-34.45%
500 ARB$604.32$921.75
-34.45%
1000 ARB$1,208.65$1,843.5
-34.45%

Today vs. 1 year ago

Amount16:04 today1 year ago1Y change
0.5 ARB$0.6043$0.8150
-25.86%
1 ARB$1.21$1.63
-25.86%
5 ARB$6.04$8.15
-25.86%
10 ARB$12.09$16.3
-25.86%
50 ARB$60.43$81.5
-25.86%
100 ARB$120.86$162.99
-25.86%
500 ARB$604.32$814.95
-25.86%
1000 ARB$1,208.65$1,629.9
-25.86%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.