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Maker to Sri Lankan Rupee Converter and calculator

Convert 1Maker (MKR) to Sri Lankan Rupee (LKR) equals Rs 926,157.97 | 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 Maker(MKR) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 MKR at a value of 1 MKR for 926,157.97 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 Maker currency pair is the MKR to LKR, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

MKR to LKR conversion rate trend

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In the past 1D, Maker has changed +1.43% to LKR. Based on the trend and price charts, Maker(MKR) has changed +1.43% to LKR while Sri Lankan Rupee(LKR) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs935,912.09
0.0001% / 0.0004%vip-iconVIP
Binance
Rs935,734.29
0.1000% / 0.1000%
Yes
OKX
Rs935,342.52
0.080% / 0.100%
Yes
Huobi
Rs935,273.2
0.1000% / 0.1000%
Yes
Gate.io
Rs934,251.58
0.1000% / 0.1000%
Yes
Bybit
Rs936,367.15
0.1000% / 0.1000%
Yes
KuCoin
Rs935,538.4
0.1000% / 0.1000%
Yes
Bitfinex
Rs935,161.7
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 06:00:33(UTC+0)

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

Maker to Sri Lankan Rupee is rising this week.
Maker's current market price is Rs 926,157.97 per MKR, with a total market cap of Rs 856,434,284,333.88 LKR based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by -19.23% (Rs -6,080,121,584.15 LKR) in the last 24 hours. Last trading day, MKR's trading volume was Rs 31,612,307,673.91.
Market cap
$2.84B
24h volume
$84.72M
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is decreasing.
1 MKR is currently valued at Rs 926,157.97 LKR , which means buying 5 MKR will cost Rs 4,630,789.87 LKR . Similarly, Rs1 LKR can be traded for 0.{5}1080 MKR, and Rs50 LKR can be converted to 0.{4}5399 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Sri Lankan Rupee has changed by +5.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.43%, reaching a high of 951,581.56 LKR and a low of 900,782.64 LKR . One month ago, the value of 1 MKR was Rs 987,334.72 LKR , which represents a -6.20% change from its current value. Over the last year, Maker has changed by
+Rs
114,059.47LKR
, resulting in a change of +344.38% in its value.

MKR to LKR

Amount
06:14 am today
0.5 MKR
Rs463,078.99
1 MKR
Rs926,157.97
5 MKR
Rs4,630,789.87
10 MKR
Rs9,261,579.75
50 MKR
Rs46,307,898.74
100 MKR
Rs92,615,797.48
500 MKR
Rs463,078,987.38
1000 MKR
Rs926,157,974.75

LKR to MKR

Amount06:14 am today
0.5LKR0.{6}5399  MKR
1LKR0.{5}1080  MKR
5LKR0.{5}5399  MKR
10LKR0.{4}1080  MKR
50LKR0.{4}5399  MKR
100LKR0.0001080  MKR
500LKR0.0005399  MKR
1000LKR0.001080  MKR
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Today vs. 24 hours ago

Amount06:14 am today24 hours ago24h change
0.5 MKR$1,536.61$1,514.92
+1.43%
1 MKR$3,073.22$3,029.85
+1.43%
5 MKR$15,366.12$15,149.24
+1.43%
10 MKR$30,732.23$30,298.48
+1.43%
50 MKR$153,661.17$151,492.4
+1.43%
100 MKR$307,322.34$302,984.81
+1.43%
500 MKR$1,536,611.7$1,514,924.05
+1.43%
1000 MKR$3,073,223.4$3,029,848.1
+1.43%

Today vs. 1 month ago

Amount06:14 am today1 month ago1M change
0.5 MKR$1,536.61$1,638.11
-6.20%
1 MKR$3,073.22$3,276.22
-6.20%
5 MKR$15,366.12$16,381.12
-6.20%
10 MKR$30,732.23$32,762.23
-6.20%
50 MKR$153,661.17$163,811.15
-6.20%
100 MKR$307,322.34$327,622.31
-6.20%
500 MKR$1,536,611.7$1,638,111.55
-6.20%
1000 MKR$3,073,223.4$3,276,223.1
-6.20%

Today vs. 1 year ago

Amount06:14 am today1 year ago1Y change
0.5 MKR$1,536.61$347.37
+344.38%
1 MKR$3,073.22$694.75
+344.38%
5 MKR$15,366.12$3,473.73
+344.38%
10 MKR$30,732.23$6,947.46
+344.38%
50 MKR$153,661.17$34,737.28
+344.38%
100 MKR$307,322.34$69,474.56
+344.38%
500 MKR$1,536,611.7$347,372.8
+344.38%
1000 MKR$3,073,223.4$694,745.6
+344.38%

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.