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base info Avalanche

Avalanche to Sri Lankan Rupee Converter and calculator

Convert 1Avalanche (AVAX) to Sri Lankan Rupee (LKR) equals Rs 10,718.26 | 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 Avalanche currency pair is the AVAX to LKR, with for Avalanche's currency code being AVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

AVAX to LKR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Avalanche has changed +2.36% to LKR. Based on the trend and price charts, Avalanche(AVAX) has changed +2.36% to LKR while Sri Lankan Rupee(LKR) has changed % to AVAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs10,720.51
0.0001% / 0.0004%vip-iconVIP
Binance
Rs10,704.94
0.1000% / 0.1000%
Yes
Coinbase Exchange
Rs10,714.01
0.1000% / 0.1000%
Yes
Kraken
Rs10,723.08
0.1000% / 0.1000%
Yes
OKX
Rs10,705.55
0.080% / 0.100%
Yes
Huobi
Rs10,700.47
0.1000% / 0.1000%
Yes
Gate.io
Rs10,701.92
0.1000% / 0.1000%
Yes
Bybit
Rs10,716.07
0.1000% / 0.1000%
Yes
KuCoin
Rs10,703.73
0.1000% / 0.1000%
Yes
Bitfinex
Rs10,695.87
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 12:00:30(UTC+0)

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

Avalanche to Sri Lankan Rupee is falling this week.
Avalanche's current market price is Rs 10,718.26 per AVAX, with a total market cap of Rs 4,051,391,723,774.09 LKR based on a circulating supply of 377,989,820 AVAX. The trading volume of Avalanche has changed by +0.47% (Rs 970,576,936.9 LKR) in the last 24 hours. Last trading day, AVAX's trading volume was Rs 206,593,643,444.63.
Market cap
$13.40B
24h volume
$686.58M
Circulating supply
377.99M AVAX

Conversion tables

The exchange rate of Avalanche is decreasing.
1 AVAX is currently valued at Rs 10,718.26 LKR , which means buying 5 AVAX will cost Rs 53,591.28 LKR . Similarly, Rs1 LKR can be traded for 0.{4}9330 AVAX, and Rs50 LKR can be converted to 0.004665 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Sri Lankan Rupee has changed by -22.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.36%, reaching a high of 10,880.08 LKR and a low of 9,676.8 LKR . One month ago, the value of 1 AVAX was Rs 16,488.15 LKR , which represents a -34.99% change from its current value. Over the last year, Avalanche has changed by
+Rs
1,961.42LKR
, resulting in a change of +86.93% in its value.

AVAX to LKR

Amount
12:25 today
0.5 AVAX
Rs5,359.13
1 AVAX
Rs10,718.26
5 AVAX
Rs53,591.28
10 AVAX
Rs107,182.56
50 AVAX
Rs535,912.81
100 AVAX
Rs1,071,825.62
500 AVAX
Rs5,359,128.1
1000 AVAX
Rs10,718,256.19

LKR to AVAX

Amount12:25 today
0.5LKR0.{4}4665  AVAX
1LKR0.{4}9330  AVAX
5LKR0.0004665  AVAX
10LKR0.0009330  AVAX
50LKR0.004665  AVAX
100LKR0.009330  AVAX
500LKR0.04665  AVAX
1000LKR0.09330  AVAX
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Today vs. 24 hours ago

Amount12:25 today24 hours ago24h change
0.5 AVAX$17.73$17.32
+2.36%
1 AVAX$35.45$34.64
+2.36%
5 AVAX$177.27$173.18
+2.36%
10 AVAX$354.54$346.36
+2.36%
50 AVAX$1,772.7$1,731.8
+2.36%
100 AVAX$3,545.4$3,463.61
+2.36%
500 AVAX$17,727.02$17,318.03
+2.36%
1000 AVAX$35,454.04$34,636.06
+2.36%

Today vs. 1 month ago

Amount12:25 today1 month ago1M change
0.5 AVAX$17.73$27.27
-34.99%
1 AVAX$35.45$54.54
-34.99%
5 AVAX$177.27$272.7
-34.99%
10 AVAX$354.54$545.4
-34.99%
50 AVAX$1,772.7$2,726.99
-34.99%
100 AVAX$3,545.4$5,453.98
-34.99%
500 AVAX$17,727.02$27,269.9
-34.99%
1000 AVAX$35,454.04$54,539.81
-34.99%

Today vs. 1 year ago

Amount12:25 today1 year ago1Y change
0.5 AVAX$17.73$9.48
+86.93%
1 AVAX$35.45$18.97
+86.93%
5 AVAX$177.27$94.83
+86.93%
10 AVAX$354.54$189.66
+86.93%
50 AVAX$1,772.7$948.3
+86.93%
100 AVAX$3,545.4$1,896.6
+86.93%
500 AVAX$17,727.02$9,483.02
+86.93%
1000 AVAX$35,454.04$18,966.03
+86.93%

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.