1 Australian Dollars in Sri Lankan Rupees
Are you planning a trip to Sri Lanka from Australia and wondering how much your Australian dollars are worth in Sri Lankan rupees? Or are you a business owner looking to expand your operations to Sri Lanka and need to understand the exchange rate? Whatever the reason, this article will provide you with the latest information on the exchange rate between 1 Australian dollar (AUD) and the Sri Lankan rupee (LKR).
Current Exchange Rate
As of the current date, the exchange rate is:
1 AUD = approximately 134 LKR
Please note that exchange rates can fluctuate frequently and may change rapidly due to various market and economic factors. We recommend checking with a reliable currency exchange service or a financial institution for the most up-to-date and accurate exchange rates.
History of the Exchange Rate
The exchange rate between the Australian dollar and the Sri Lankan rupee has experienced fluctuations over the years. In the past year, the highest exchange rate was around 140 LKR per 1 AUD, while the lowest was around 126 LKR per 1 AUD.
Factors Affecting the Exchange Rate
Several factors can influence the exchange rate between the Australian dollar and the Sri Lankan rupee, including:
- Inflation rates: Changes in inflation rates in both Australia and Sri Lanka can impact the exchange rate.
- Interest rates: Differences in interest rates between the two countries can also affect the exchange rate.
- Trade and investment: The level of trade and investment between Australia and Sri Lanka can influence the exchange rate.
- Global economic conditions: Global economic events, such as recessions or economic crises, can impact the exchange rate.
Conclusion
In conclusion, the exchange rate between 1 Australian dollar and the Sri Lankan rupee is approximately 134 LKR. However, it's essential to stay up-to-date with the latest exchange rates and understand the factors that affect them to make informed decisions when conducting transactions between the two currencies.
