Convert 1050 Sri Lankan Rupee (LKR) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on November 14th 2024 ( 11/14/2024 )
Below you will find the latest exchange rates for exchanging Sri Lankan Rupee (LKR) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Sri Lankan Rupee (LKR) to Canadian Dollar (CAD) 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 Sri Lankan Rupee and Canadian Dollar on 11/14/2024 is 1 LKR = 0.0048 CAD - AVERAGE intraday quotes were used for this currency conversion.
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.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.
