Understanding the latest exchange rate trends between the Sri Lankan rupee (LKR) and the U.S. dollar (USD) can help you make informed financial decisions. As of the most recent data, 100 LKR is equivalent to approximately $0.33, meaning 1 LKR converts to roughly $0.0033. Conversely, 1 USD exchanges for about 300.715 LKR.
Key Exchange Rate Data:
- Highest rate (30 days): $0.0033412 per LKR
- Lowest rate (30 days): $0.0033191 per LKR
- 30-day average: $0.0033285 per LKR
- Volatility: 0.29% fluctuation
Market Stability and Fluctuations
Over the past month, the LKR-USD exchange rate has shown moderate volatility, with a peak of $0.0033412 and a low of $0.0033191. The average rate of $0.0033285 suggests relative stability in the market, though minor fluctuations remain a factor for those monitoring currency movements.
For travelers, investors, or businesses engaged in cross-border transactions, tracking these trends is essential to optimizing currency conversions. A slight shift in the exchange rate can significantly impact the value of larger transactions.
Strategic Considerations
While short-term volatility is expected, the broader stability of the LKR-USD pair may offer predictable conditions for planning. Those looking to convert larger sums should assess whether the current rate aligns with their financial objectives or if waiting for a more favorable shift could yield better returns.