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Exchange rates for the US dollar in Sri Lanka / USD 1 = LKR ... (selling)

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Time series key BBEX3.A.LKR.USD.CA.AB.A04
Unit LKR
Dimension one
Timespan from 1990 to 2023
Last update 12.01.2024 02:13:31 PM
   
Methodology Calculated on the basis of mid-month and month-end rates.
Source Since 2005 Central Bank of Sri Lanka, Colombo July 1998 - 2004 Commercial Bank of Ceylon Ltd., Colombo 1990 - June 1998 Bank of Ceylon, Colombo
   
Comment on 2022 In a press release dated 7 March 2022, the Central Bank of Sri Lanka announced a comprehensive package of meas ures to stabilise the economic situation, allowing, amongst other things, more flexible exchange rates. As a result, the Sri Lanka rupee was devalued in several stages. Based on the exchange rates from the end of February and the end of March 2022, the Sri Lanka rupee depreciated by 31.7% against the US dollar (calculated on the basis of the middle rates).