Professional Documents
Culture Documents
Sri Lanka Rupee
Sri Lanka Rupee
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Overview
The Sri Lanka Rupee is the unit of currency used in Sri Lanka, symbolized by Rs., or SLRs to
distinguish it from other Rupees. The Rupee is sub-divided into 100 cents.
Economy
According to the International Monetary Fund, Sri Lankas GDP was estimated at US$50 billion in
2010 (US$106.5 billion in terms of purchasing power parity). The Sri Lanka GDP experienced
growth of 8.2% in 2010 and is estimated to grow by 9.5% in 2011, making it one of the fastest
growing economies in the world.
Sri Lanka is next only to the Maldives in the South Asia region in terms of income per capita, with
a nominal value of US$2,435.
Colombo Stock Exchange was the best performing stock market in Asia in 2009 and 2010, nearly
three times its value during that time.
History
The British Pound became Ceylon's official currency in 1825, replacing the rixdollar Ceylon, at a
rate of 1 Pound = 13 Rixdollars, and British silver coins became legal tender.
The Indian Rupee was made Ceylon's standard coin 26 September 1836 as Ceylon retuned to
the Indian currency area, though pound-denominated Treasury bonds continued to circulate from
1836, with the Rupee.
The Bank of Ceylon commenced issuing banknotes in Sri Lanka in 1844, replacing the existing
Treasury notes in 1856.
The Rupee was established as unlimited legal tender for Ceylon in 1869, and became the sole
legal tender for Ceylon in 1872.
Ceylon gained independence in 1948, and introduced the new Central Bank of Ceylon in 1950.
In 1972, Ceylon was renamed Sri Lanka, and the rupee took on the Sri Lanka rupee
nomenclature.
Several series of banknotes have been released in the past 100 years, with the most recent in
2011. On February 4, 2011, the Central Bank of Sri Lanka (CBSL) issued 11th series of Sri Lanka
rupee notes, consisting of six denominations.
LKR
Central Bank
None
LKR Is Pegged To:
None
The Central Bank of Sri Lanka was established in 1950, two years after independence. The founder
governor of the Central Bank of Sri Lanka was John Exter, while the minister of finance at the time
was J.R. Jayawardena. Under the former name of Central Bank of Ceylon it replaced the Currency
Board that until then had been responsible for issuing the country's money. It is a member of
theAsian Clearing Union.
The bank is responsible for the conduct of monetary policy in Sri Lanka and also has wide
supervisory powers over the financial system.
The bank is engaged in developing policies to promote financial inclusion and is a member of
the Alliance for Financial Inclusion (AFI).[1]
With a view to encouraging and promoting the development of the productive resources of Sri
Lanka, the CBSL is responsible for securing its core objectives of economic and price stability and
financial system stability. The CBSL is also responsible for currency issue and management. In
addition, the CBSL is the advisor on economic affairs as well as the banker to the Government of Sri
Lanka (GOSL). On behalf of GOSL, the CBSL, as its agent, is responsible for four agency functions
of: management of the Employees Provident Fund; management of the public debt of Sri Lanka;
administration of the provisions of the Exchange Control Act; and administration of foreign and
government funded credit schemes for regional development.
LKR / PKR
Period Average
0.6745
Period High
0.8237
Period Low
0.5322
April 2015
0.7442
March 2015
0.7417
February 2015
0.7403
January 2015
0.7562
December 2014
0.7619
November 2014
0.7683
October 2014
0.7782
LKR / PKR
September 2014
0.7762
August 2014
0.7603
July 2014
0.7524
June 2014
0.7499
May 2014
0.7502
April 2014
0.7388
March 2014
0.7614
February 2014
0.7952
January 2014
0.7989
December 2013
0.8111
November 2013
0.8137
October 2013
0.8018
September 2013
0.7839
August 2013
0.7714
July 2013
0.7560
June 2013
0.7617
May 2013
0.7721
April 2013
0.7726
March 2013
0.7664
February 2013
0.7669
January 2013
0.7605
December 2012
0.7517
November 2012
0.7280
October 2012
0.7304
September 2012
0.7073
August 2012
0.7089
July 2012
0.7045
June 2012
0.7047
May 2012
0.6994
April 2012
0.7013
March 2012
0.7203
February 2012
0.7700
January 2012
0.7831
December 2011
0.7760
LKR / PKR
November 2011
0.7714
October 2011
0.7833
September 2011
0.7888
August 2011
0.7775
July 2011
0.7806
June 2011
0.7779
May 2011
0.7704
April 2011
0.7629
March 2011
0.7675
February 2011
0.7628
January 2011
0.7641
December 2010
0.7652
November 2010
0.7604
October 2010
0.7613
September 2010
0.7547
August 2010
0.7499
July 2010
0.7462
June 2010
0.7432
May 2010
0.7336
April 2010
0.7320
March 2010
0.7326
February 2010
0.7339
January 2010
0.7307
December 2009
0.7319
November 2009
0.7269
October 2009
0.7218
September 2009
0.7180
August 2009
0.7168
July 2009
0.7103
June 2009
0.7017
May 2009
0.6850
April 2009
0.6820
March 2009
0.6984
February 2009
0.6922
LKR / PKR
January 2009
0.6892
December 2008
0.7000
November 2008
0.7197
October 2008
0.7311
September 2008
0.7108
August 2008
0.6853
July 2008
0.6495
June 2008
0.6198
May 2008
0.6234
April 2008
0.5859
March 2008
0.5789
February 2008
0.5763
January 2008
0.5722
December 2007
0.5572
November 2007
0.5494
October 2007
0.5331
September 2007
0.5322
August 2007
0.5353
July 2007
0.5380
June 2007
0.5446
May 2007
0.5428
April 2007
0.5516
March 2007
0.5526
February 2007
0.5536
January 2007
0.5580
December 2006
0.5597
November 2006
0.5618
October 2006
0.5711
September 2006
0.5851
August 2006
0.5757
July 2006
0.5759
June 2006
0.5784
May 2006
0.5798
April 2006
0.5814
March 2006
0.5834
February 2006
0.5851
January 2006
0.5844
December 2005
0.5840
November 2005
0.5856
October 2005
0.5875
September 2005
0.5886
August 2005
0.5913
July 2005
0.5937
June 2005
0.5962
May 2005
0.5950
April 2005
0.5956
March 2005
0.5938
February 2005
0.5920
January 2005
0.5930
December 2004
0.5676
November 2004
0.5672
October 2004
0.5636
September 2004
0.5508
August 2004
0.5483
July 2004
0.5457
June 2004
0.5536
May 2004
0.5609
April 2004
0.5640
March 2004
0.5671
February 2004
0.5621
January 2004
0.5650
December 2003
0.5741
November 2003
0.5755
October 2003
0.5861
September 2003
0.5818
August 2003
0.5738
July 2003
0.5756
June 2003
0.5711
May 2003
0.5717
April 2003
0.5713
March 2003
0.5730
February 2003
0.5849
January 2003
0.5888
December 2002
0.5955
November 2002
0.5929
October 2002
0.5994
September 2002
0.6023
August 2002
0.6025
July 2002
0.6144
June 2002
0.6085
May 2002
0.6103
April 2002
0.6103
March 2002
0.6165
February 2002
0.6242
January 2002
0.6262
December 2001
0.6336
November 2001
0.6427
October 2001
0.6666
September 2001
0.7053
August 2001
0.7096
July 2001
0.7063
June 2001
0.6975
May 2001
0.6794
April 2001
0.6907
March 2001
0.6975
February 2001
0.6766
January 2001
0.6856
December 2000
0.7008
November 2000
0.7052
October 2000
0.7271
September 2000
0.7084
August 2000
0.6874
July 2000
0.6656
June 2000
0.6823
May 2000
0.6932
April 2000
0.7007
March 2000
0.7029
February 2000
0.7056
January 2000
0.7121
December 1999
0.7222
November 1999
0.7223
October 1999
0.7243
September 1999
0.7193
August 1999
0.7194
July 1999
0.7178
June 1999
0.7267
May 1999
0.7263
April 1999
0.7267
March 1999
0.7234
February 1999
0.7402
January 1999
0.7380
December 1998
0.7746
November 1998
0.8209
October 1998
0.8237
September 1998
0.8152
August 1998
0.8073
July 1998
0.7264
June 1998
0.6860
May 1998
0.6870
April 1998
0.7045
March 1998
0.7111
February 1998
0.7085
January 1998
0.7091
December 1997
0.7152
November 1997
0.7322
October 1997
0.7106
September 1997
0.6787
August 1997
0.6856
July 1997
0.6892
June 1997
0.6896
May 1997
0.6848
April 1997
0.6817
March 1997
0.6935
February 1997
0.6945
January 1997
0.7001
December 1996
0.7066
November 1996
0.7040
October 1996
0.6548
September 1996
0.6506
August 1996
0.6378
July 1996
0.6362
June 1996
0.6296
May 1996
0.6323
April 1996
0.6391
March 1996
0.6413
February 1996
0.6386
January 1996
0.6343
December 1995
0.6358
November 1995
0.6460
October 1995
0.6196