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VeChain to Sri Lankan Rupee Converter and calculator

Convert 1VeChain (VET) to Sri Lankan Rupee (LKR) equals Rs 12.41 | 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 VeChain currency pair is the VET to LKR, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

VET to LKR conversion rate trend

1D7D1M3M1YAll
In the past 1D, VeChain has changed -13.50% to LKR. Based on the trend and price charts, VeChain(VET) has changed -13.50% to LKR while Sri Lankan Rupee(LKR) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs12.41
0.0001% / 0.0004%vip-iconVIP
Binance
Rs11.87
0.1000% / 0.1000%
Yes
Huobi
Rs11.88
0.1000% / 0.1000%
Yes
Gate.io
Rs11.9
0.1000% / 0.1000%
Yes
KuCoin
Rs11.87
0.1000% / 0.1000%
Yes
Bitfinex
Rs11.96
0.1000% / 0.1000%
Yes
Last updated 2024/04/13 02:00:35(UTC+0)

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

VeChain to Sri Lankan Rupee is rising this week.
VeChain's current market price is Rs 12.41 per VET, with a total market cap of Rs 902,630,996,567.96 LKR based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by -1.71% (Rs -1,184,165,269.86 LKR) in the last 24 hours. Last trading day, VET's trading volume was Rs 69,055,590,731.13.
Market cap
$3.03B
24h volume
$227.48M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at Rs 12.41 LKR , which means buying 5 VET will cost Rs 62.07 LKR . Similarly, Rs1 LKR can be traded for 0.08056 VET, and Rs50 LKR can be converted to 4.03 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Sri Lankan Rupee has changed by +3.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -13.50%, reaching a high of 15.1 LKR and a low of 11.89 LKR . One month ago, the value of 1 VET was Rs 14.52 LKR , which represents a -14.42% change from its current value. Over the last year, VeChain has changed by
+Rs
4.83LKR
, resulting in a change of +62.97% in its value.

VET to LKR

Amount
02:51 am today
0.5 VET
Rs6.21
1 VET
Rs12.41
5 VET
Rs62.07
10 VET
Rs124.13
50 VET
Rs620.67
100 VET
Rs1,241.34
500 VET
Rs6,206.68
1000 VET
Rs12,413.35

LKR to VET

Amount02:51 am today
0.5LKR0.04028  VET
1LKR0.08056  VET
5LKR0.4028  VET
10LKR0.8056  VET
50LKR4.03  VET
100LKR8.06  VET
500LKR40.28  VET
1000LKR80.56  VET
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Today vs. 24 hours ago

Amount02:51 am today24 hours ago24h change
0.5 VET$0.02080$0.02407
-13.50%
1 VET$0.04161$0.04814
-13.50%
5 VET$0.2080$0.2407
-13.50%
10 VET$0.4161$0.4814
-13.50%
50 VET$2.08$2.41
-13.50%
100 VET$4.16$4.81
-13.50%
500 VET$20.8$24.07
-13.50%
1000 VET$41.61$48.14
-13.50%

Today vs. 1 month ago

Amount02:51 am today1 month ago1M change
0.5 VET$0.02080$0.02433
-14.42%
1 VET$0.04161$0.04866
-14.42%
5 VET$0.2080$0.2433
-14.42%
10 VET$0.4161$0.4866
-14.42%
50 VET$2.08$2.43
-14.42%
100 VET$4.16$4.87
-14.42%
500 VET$20.8$24.33
-14.42%
1000 VET$41.61$48.66
-14.42%

Today vs. 1 year ago

Amount02:51 am today1 year ago1Y change
0.5 VET$0.02080$0.01271
+62.97%
1 VET$0.04161$0.02541
+62.97%
5 VET$0.2080$0.1271
+62.97%
10 VET$0.4161$0.2541
+62.97%
50 VET$2.08$1.27
+62.97%
100 VET$4.16$2.54
+62.97%
500 VET$20.8$12.71
+62.97%
1000 VET$41.61$25.41
+62.97%

FAQ

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