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The currency is the Sri Lanka Rupee (LKR). The currency is closed, which means you can only get it in the country in which it is used. So, while we’d usually advise exchanging your money before you fly, in this case you should pick up your spending money when you arrive.
- Low-Cost Travel Money Options For Sri Lanka
- What’s The Alternative?
- What Currency Can I Use in Sri Lanka?
- Should It Be A Travel Card, A Credit Card, Or A Debit Card?
- Get Familiar with The Sri Lankan Rupee
- Exchanging Money
- Hotels and Street Money Changers
- Withdrawing Cash from An ATM
- Bottom Line
- Frequently Asked Questions
Using credit cards
A credit card is another option to consider when travelling in Sri Lanka. Like all travel money options, it has its benefits and drawbacks. Consider some of the following factors associated with using your credit card overseas: 1. Currency conversion fees.Most UK credit cards will charge a currency conversion fee of around 3% if you use your card to make purchases in a foreign currency. To reduce your expenses, look for a credit card designed for overseas use that doesn’t charge these fees. 2...
Using prepaid travel cards in Sri Lanka
You can load pounds on to a prepaid travel card, which can be transferred to multiple supported currencies. Here are some of the benefits and drawbacks you should consider: 1. Supported currencies.A small number of UK prepaid cards support LKR, so you’ll hopefully be able to avoid currency conversion or foreign transaction fees if you use a compatible travel money card in Sri Lanka. 2. ATM withdrawals.Travel cards charge different ATM fees depending on the currency you’re withdrawing. You can...
Using travel money debit cards
Debit cards can be a good way to access your savings overseas, but there are some drawbacks you need to be aware of. Consider some of the benefits and restrictions below: 1. ATM alliances.Some UK debit cards belong to ATM alliances, so you can withdraw funds from specific ATMs overseas without incurring a withdrawal fee. Unlike a credit card, you can also enjoy withdrawing cash without the burden of a cash advance fee. 2. Currency conversion.Unless your card is designed for overseas use, you’...
Digital banking apps are definitely worth considering. You can use them to manage your travel money anywhere in the world, and many don’t charge any transaction or withdrawal fees.
The official and only currency of Sri Lanka is the rupee (LKR). The Sri Lankan government has tight control over the national currency and there are strict limits on the amount of rupees you can bring in and out of the country (up to LKR 20,000). You’ll need to change pounds to LKR or withdraw rupees from an ATM when you arrive.
Are you travelling to Sri Lanka and looking to find the best way to take your travel money? Let’s compare prepaid travel cards, credit cards and debit cards to help you determine which option is right for you. Most digital banking apps, which are a great option owing to very low transaction and withdrawal fees, come with either a Visa or Mastercard...
The Sri Lankan rupee comes in the following denominations: 1, 2, 5, 10, 50, 100, 200, 500, 1,000, 2,000 and 5,000. 10 rupees is the lowest denomination banknote.
You should wait until you arrive in Sri Lanka to get the bulk of your money changed. Money exchange offices in Sri Lanka can change pounds to rupees. You can bring up to LKR20,000 to Sri Lanka from abroad, which is approximately £75, or you can bring up to the pound equivalent of US$10,000. LKR is a minor international currency. Exchange offices in...
If you can, avoid changing money at your hotel. Hotels usually offer a worse rate than banks and dedicated money changers, and a commission may also be applied to the transaction. Street money changers may offer an attractive rate, but there’s a higher chance of being ripped off. These people are practised at sleight of hand and have been known to ...
The other option to get LKR is to withdraw cash from an ATM when you arrive. Cash withdrawals using your credit card (not recommended) or debit card are subject to the Visa or Mastercard foreign exchange rate. The Visa and Mastercard rate is close to the interbank rate. The downside is the charge for using an international ATM. A local ATM operator...
There is no single best travel money strategy, as the right one will ultimately depend on where you’re travelling, how you’re spending your money and what you can afford. For example, if you’re going to be making a lot of cash withdrawals, consider a debit card with an ATM alliance or a prepaid card with low withdrawal fees over a credit card. Give...
You can easily send money from Australia to Sri Lanka using an online money transfer service. We answer this question in more detail in our guide to transferring money to Sri Lanka.If you’re asking whether it’s better to take pounds to change when you arrive in Sri Lanka or make ATM withdrawals, it depends on the card you use to make a withdrawal and ATM fees vs the exchange...You have a couple of options. Hotels, licensed money changers, street exchange vendors and banks may accept pounds, though USD or AUD can be safer options. Hotels can be convenient, but you’ll pay...Most banks are open 9am–1pm, Monday to Saturday. Banks in the city may stay open until 3pm. Some services at some banks are available 24 hours a day.- Senior Writer
The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala : සත , Tamil : சதம் ), but cents are rarely seen in circulation due to its low value.
Learn about Sri Lankan currency (LKR), including denominations, security features, exchange rates, and more. Plus, see images of currency in use.
How to convert British pounds sterling to Sri Lankan rupees. 1 Input your amount. Simply type in the box how much you want to convert. 2 Choose your currencies. Click on the dropdown to select GBP in the first dropdown as the currency that you want to convert and LKR in the second drop down as the currency you want to convert to. 3 That’s it
2 days ago · Get the latest 1 Sri Lankan Rupee to British Pound rate for FREE with the original Universal Currency Converter. Set rate alerts for to and learn more about Sri Lankan Rupees and British Pounds from XE - the Currency Authority.
May 19, 2024 · The official currency in Sri Lanka is the Sri Lankan Rupee, which is issued and overseen by the Central Bank of Sri Lanka. If you’re buying your travel money online you may also see the official code being shown - LKR. In stores and restaurants, Sri Lankan Rupee prices are likely to use the currency symbol Rs.
