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base info OKB

OKB to Sri Lankan Rupee Converter and calculator

Convert 1OKB (OKB) to Sri Lankan Rupee (LKR) equals Rs 16,841.01 | 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 OKB currency pair is the OKB to LKR, with for OKB's currency code being OKB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

OKB to LKR conversion rate trend

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

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs16,841.01
0.0001% / 0.0004%vip-iconVIP
OKX
Rs16,850.71
0.080% / 0.100%
Yes
Gate.io
Rs16,838.66
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 17:00:20(UTC+0)

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

OKB to Sri Lankan Rupee is falling this week.
OKB's current market price is Rs 16,841.01 per OKB, with a total market cap of Rs 1,010,460,518,240.24 LKR based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by -41.21% (Rs -2,322,106,043.99 LKR) in the last 24 hours. Last trading day, OKB's trading volume was Rs 5,634,538,590.67.
Market cap
$3.36B
24h volume
$11.00M
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at Rs 16,841.01 LKR , which means buying 5 OKB will cost Rs 84,205.05 LKR . Similarly, Rs1 LKR can be traded for 0.{4}5938 OKB, and Rs50 LKR can be converted to 0.002969 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Sri Lankan Rupee has changed by -1.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.36%, reaching a high of 16,892.23 LKR and a low of 16,258.76 LKR . One month ago, the value of 1 OKB was Rs 18,089.37 LKR , which represents a -6.91% change from its current value. Over the last year, OKB has changed by
+Rs
209.3LKR
, resulting in a change of +3.13% in its value.

OKB to LKR

Amount
17:15 today
0.5 OKB
Rs8,420.5
1 OKB
Rs16,841.01
5 OKB
Rs84,205.05
10 OKB
Rs168,410.09
50 OKB
Rs842,050.45
100 OKB
Rs1,684,100.91
500 OKB
Rs8,420,504.54
1000 OKB
Rs16,841,009.08

LKR to OKB

Amount17:15 today
0.5LKR0.{4}2969  OKB
1LKR0.{4}5938  OKB
5LKR0.0002969  OKB
10LKR0.0005938  OKB
50LKR0.002969  OKB
100LKR0.005938  OKB
500LKR0.02969  OKB
1000LKR0.05938  OKB
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Today vs. 24 hours ago

Amount17:15 today24 hours ago24h change
0.5 OKB$27.96$27.32
+2.36%
1 OKB$55.93$54.64
+2.36%
5 OKB$279.64$273.21
+2.36%
10 OKB$559.28$546.42
+2.36%
50 OKB$2,796.39$2,732.08
+2.36%
100 OKB$5,592.78$5,464.17
+2.36%
500 OKB$27,963.89$27,320.85
+2.36%
1000 OKB$55,927.79$54,641.7
+2.36%

Today vs. 1 month ago

Amount17:15 today1 month ago1M change
0.5 OKB$27.96$30.04
-6.91%
1 OKB$55.93$60.07
-6.91%
5 OKB$279.64$300.37
-6.91%
10 OKB$559.28$600.74
-6.91%
50 OKB$2,796.39$3,003.68
-6.91%
100 OKB$5,592.78$6,007.35
-6.91%
500 OKB$27,963.89$30,036.76
-6.91%
1000 OKB$55,927.79$60,073.52
-6.91%

Today vs. 1 year ago

Amount17:15 today1 year ago1Y change
0.5 OKB$27.96$27.12
+3.13%
1 OKB$55.93$54.23
+3.13%
5 OKB$279.64$271.16
+3.13%
10 OKB$559.28$542.33
+3.13%
50 OKB$2,796.39$2,711.64
+3.13%
100 OKB$5,592.78$5,423.27
+3.13%
500 OKB$27,963.89$27,116.35
+3.13%
1000 OKB$55,927.79$54,232.71
+3.13%

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.