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base info Dai

Dai to Sri Lankan Rupee Converter and calculator

Convert 1Dai (DAI) to Sri Lankan Rupee (LKR) equals Rs 301.41 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Dai(DAI) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 DAI at a value of 1 DAI for 301.41 LKR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Dai currency pair is the DAI to LKR, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

DAI to LKR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Dai has changed -0.01% to LKR. Based on the trend and price charts, Dai(DAI) has changed -0.01% to LKR while Sri Lankan Rupee(LKR) has changed % to DAI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs301.33
0.0001% / 0.0004%vip-iconVIP
Kraken
Rs301.27
0.1000% / 0.1000%
Yes
OKX
Rs301.6
0.080% / 0.100%
Yes
Huobi
Rs301.24
0.1000% / 0.1000%
Yes
Gate.io
Rs301.21
0.1000% / 0.1000%
Yes
Bybit
Rs301.24
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 13:00:27(UTC+0)

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

Dai to Sri Lankan Rupee is rising this week.
Dai's current market price is Rs 301.41 per DAI, with a total market cap of Rs 1,611,898,707,170.36 LKR based on a circulating supply of 5,347,888,600 DAI. The trading volume of Dai has changed by +16.98% (Rs 42,311,686,136.28 LKR) in the last 24 hours. Last trading day, DAI's trading volume was Rs 249,205,977,738.31.
Market cap
$5.35B
24h volume
$967.33M
Circulating supply
5.35B DAI

Conversion tables

The exchange rate of Dai is decreasing.
1 DAI is currently valued at Rs 301.41 LKR , which means buying 5 DAI will cost Rs 1,507.04 LKR . Similarly, Rs1 LKR can be traded for 0.003318 DAI, and Rs50 LKR can be converted to 0.1659 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Sri Lankan Rupee has changed by +0.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 301.52 LKR and a low of 301.34 LKR . One month ago, the value of 1 DAI was Rs 301.46 LKR , which represents a -0.02% change from its current value. Over the last year, Dai has changed by
+Rs
0.09789LKR
, resulting in a change of +0.03% in its value.

DAI to LKR

Amount
13:21 today
0.5 DAI
Rs150.7
1 DAI
Rs301.41
5 DAI
Rs1,507.04
10 DAI
Rs3,014.08
50 DAI
Rs15,070.42
100 DAI
Rs30,140.84
500 DAI
Rs150,704.21
1000 DAI
Rs301,408.42

LKR to DAI

Amount13:21 today
0.5LKR0.001659  DAI
1LKR0.003318  DAI
5LKR0.01659  DAI
10LKR0.03318  DAI
50LKR0.1659  DAI
100LKR0.3318  DAI
500LKR1.66  DAI
1000LKR3.32  DAI
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Today vs. 24 hours ago

Amount13:21 today24 hours ago24h change
0.5 DAI$0.5001$0.5001
-0.01%
1 DAI$1$1
-0.01%
5 DAI$5$5
-0.01%
10 DAI$10$10
-0.01%
50 DAI$50.01$50.01
-0.01%
100 DAI$100.01$100.03
-0.01%
500 DAI$500.07$500.14
-0.01%
1000 DAI$1,000.15$1,000.27
-0.01%

Today vs. 1 month ago

Amount13:21 today1 month ago1M change
0.5 DAI$0.5001$0.5002
-0.02%
1 DAI$1$1
-0.02%
5 DAI$5$5
-0.02%
10 DAI$10$10
-0.02%
50 DAI$50.01$50.02
-0.02%
100 DAI$100.01$100.03
-0.02%
500 DAI$500.07$500.16
-0.02%
1000 DAI$1,000.15$1,000.31
-0.02%

Today vs. 1 year ago

Amount13:21 today1 year ago1Y change
0.5 DAI$0.5001$0.4999
+0.03%
1 DAI$1$0.9998
+0.03%
5 DAI$5$5
+0.03%
10 DAI$10$10
+0.03%
50 DAI$50.01$49.99
+0.03%
100 DAI$100.01$99.98
+0.03%
500 DAI$500.07$499.91
+0.03%
1000 DAI$1,000.15$999.82
+0.03%

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.