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base info Tether USDt

Tether USDt to Sri Lankan Rupee Converter and calculator

Convert 1Tether USDt (USDT) to Sri Lankan Rupee (LKR) equals Rs 301.47 | 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 Tether USDt(USDT) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 USDT at a value of 1 USDT for 301.47 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 Tether USDt currency pair is the USDT to LKR, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

USDT to LKR conversion rate trend

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In the past 1D, Tether USDt has changed -0.02% to LKR. Based on the trend and price charts, Tether USDt(USDT) has changed -0.02% to LKR while Sri Lankan Rupee(LKR) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs301.47
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/20 16:20:43(UTC+0)

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

Tether USDt to Sri Lankan Rupee is falling this week.
Tether USDt's current market price is Rs 301.47 per USDT, with a total market cap of Rs 33,075,453,488,567.68 LKR based on a circulating supply of 109,714,380,000 USDT. The trading volume of Tether USDt has changed by -41.78% (Rs -10,312,489,413,040.87 LKR) in the last 24 hours. Last trading day, USDT's trading volume was Rs 24,682,482,810,301.61.
Market cap
$109.75B
24h volume
$47.68B
Circulating supply
109.71B USDT

Conversion tables

The exchange rate of Tether USDt is increasing.
1 USDT is currently valued at Rs 301.47 LKR , which means buying 5 USDT will cost Rs 1,507.34 LKR . Similarly, Rs1 LKR can be traded for 0.003317 USDT, and Rs50 LKR can be converted to 0.1659 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Sri Lankan Rupee has changed by -0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 301.76 LKR and a low of 301.36 LKR . One month ago, the value of 1 USDT was Rs 301.37 LKR , which represents a +0.03% change from its current value. Over the last year, Tether USDt has changed by
+Rs
0.1992LKR
, resulting in a change of +0.07% in its value.

USDT to LKR

Amount
16:20 today
0.5 USDT
Rs150.73
1 USDT
Rs301.47
5 USDT
Rs1,507.34
10 USDT
Rs3,014.69
50 USDT
Rs15,073.43
100 USDT
Rs30,146.87
500 USDT
Rs150,734.35
1000 USDT
Rs301,468.7

LKR to USDT

Amount16:20 today
0.5LKR0.001659  USDT
1LKR0.003317  USDT
5LKR0.01659  USDT
10LKR0.03317  USDT
50LKR0.1659  USDT
100LKR0.3317  USDT
500LKR1.66  USDT
1000LKR3.32  USDT
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Today vs. 24 hours ago

Amount16:20 today24 hours ago24h change
0.5 USDT$0.5002$0.5003
-0.02%
1 USDT$1$1
-0.02%
5 USDT$5$5
-0.02%
10 USDT$10$10.01
-0.02%
50 USDT$50.02$50.03
-0.02%
100 USDT$100.03$100.06
-0.02%
500 USDT$500.17$500.28
-0.02%
1000 USDT$1,000.35$1,000.56
-0.02%

Today vs. 1 month ago

Amount16:20 today1 month ago1M change
0.5 USDT$0.5002$0.5000
+0.03%
1 USDT$1$1
+0.03%
5 USDT$5$5
+0.03%
10 USDT$10$10
+0.03%
50 USDT$50.02$50
+0.03%
100 USDT$100.03$100
+0.03%
500 USDT$500.17$500
+0.03%
1000 USDT$1,000.35$1,000.01
+0.03%

Today vs. 1 year ago

Amount16:20 today1 year ago1Y change
0.5 USDT$0.5002$0.4998
+0.07%
1 USDT$1$0.9997
+0.07%
5 USDT$5$5
+0.07%
10 USDT$10$10
+0.07%
50 USDT$50.02$49.98
+0.07%
100 USDT$100.03$99.97
+0.07%
500 USDT$500.17$499.84
+0.07%
1000 USDT$1,000.35$999.69
+0.07%

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.