1 Sri Lankan Rupee to Indonesian Rupiah: Exchange Rate and Conversion
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, while the Indonesian Rupiah (IDR) is the official currency of Indonesia. In this article, we will explore the exchange rate and conversion of 1 Sri Lankan Rupee to Indonesian Rupiah.
Exchange Rate
The exchange rate between the Sri Lankan Rupee and the Indonesian Rupiah can fluctuate constantly due to various economic and political factors. As of the current date, the exchange rate is approximately:
1 LKR = 65-70 IDR
Please note that this exchange rate is subject to change and may not be accurate at the time of reading.
Conversion
To convert 1 Sri Lankan Rupee to Indonesian Rupiah, you can use the following conversion rate:
1 LKR = 65-70 IDR
For example, if you want to convert 1,000 LKR to IDR, you can multiply the amount by the conversion rate:
1,000 LKR x 65-70 IDR/LKR = 65,000-70,000 IDR
History of Exchange Rate
The exchange rate between the Sri Lankan Rupee and the Indonesian Rupiah has fluctuated over time. Here is a brief history of the exchange rate:
- In 2020, the exchange rate was around 1 LKR = 60-65 IDR
- In 2019, the exchange rate was around 1 LKR = 55-60 IDR
- In 2018, the exchange rate was around 1 LKR = 50-55 IDR
Factors Affecting Exchange Rate
The exchange rate between the Sri Lankan Rupee and the Indonesian Rupiah can be affected by various factors, including:
- Economic indicators: GDP growth rate, inflation rate, and interest rates can influence the exchange rate.
- Political stability: Political instability in Sri Lanka or Indonesia can cause the exchange rate to fluctuate.
- Global events: Global economic events, such as the COVID-19 pandemic, can impact the exchange rate.
Conclusion
In conclusion, the exchange rate between the Sri Lankan Rupee and the Indonesian Rupiah can fluctuate constantly due to various economic and political factors. It is essential to stay up-to-date with the current exchange rate and conversion to ensure accurate calculations.
