Convert 12 Indian Rupee (INR) to Sri Lankan Rupee (LKR)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Indian Rupee (INR) to Sri Lankan Rupee (LKR) , a table containing most common conversions and a chart with the pair's evolution.
The Indian Rupee (INR) to Sri Lankan Rupee (LKR) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Indian Rupee and Sri Lankan Rupee on 11/23/2024 is 1 INR = 3.4496 LKR - AVERAGE intraday quotes were used for this currency conversion.
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.
About Sri Lankan Rupee (LKR)
The official currency of Sri Lanka is the rupee. Each rupee is symbolized in monetary transactions with one of the following symbols: "Rs", or "SLRs". Each rupee is divided into 100 cents, though there are no coins nor banknotes in common circulation denominated in cents. The old cents based coins remain as legal tender, but are rarely if ever used.
The Central Bank of Sri Lanka issues coins in the following denominations: 50 cents, Rs.1, Rs.2, Rs.5, and Rs.10. In addition to these coins the central bank also issues banknotes in these denominations: Rs.10, Rs.20, Rs.50, Rs.100, Rs.200, Rs.500, Rs.1000, Rs.2000, and Rs.5000.
One unique attribute of the Sri Lankan banknotes is that they are printed vertically on the back of the note.
