Are you planning a trip to Sri Lanka? If so, you’ll need to familiarize yourself with the country’s currency. Sri Lanka is a beautiful country, full of unique sights and experiences, but if you don’t know what currency you should use, you might find yourself in an awkward spot. This blog post will provide essential information about the currency used in Sri Lanka, as well as tips to help you navigate the financial side of your travels. Read on to learn more about discovering the currency of Sri Lanka!
The Official Currency of Sri Lanka
If you’re planning a trip to Sri Lanka, it’s important to familiarize yourself with the official currency of the country. The currency used in Sri Lanka is the Sri Lankan rupee (LKR). The symbol used for the Sri Lankan rupee is Rs. and it is often abbreviated as LKR.
The Sri Lankan rupee is a decimal currency, with 100 cents making up one rupee. Banknotes come in denominations of 10, 20, 50, 100, 200, 500, 1000, 2000 and 5000 rupees, while coins come in denominations of 1, 2, 5 and 10 rupees.
It’s important to note that while the Sri Lankan rupee is the official currency, US dollars and euros are also widely accepted in many tourist areas. However, it’s always best to carry some Sri Lankan rupees for day-to-day transactions and for shopping at local markets and stores.
If you’re planning to travel to Sri Lanka, it’s a good idea to exchange your money before you arrive. You can do this at your local bank or currency exchange office. Alternatively, you can exchange money at the airport when you arrive in Sri Lanka.
It’s important to keep in mind that currency exchange rates can vary, so it’s a good idea to compare rates before you exchange your money. Additionally, be sure to check the exchange rate conversion fees before you exchange your money to ensure that you are getting the best rate possible.
Where to Exchange Money in Sri Lanka
If you’re planning a trip to Sri Lanka, it’s important to know where you can exchange your money. While most major currencies can be exchanged at airports and hotels, it’s best to do so at a bank or licensed money changer to ensure that you get a fair exchange rate.
Banks are a good option for exchanging money as they offer competitive rates and are trustworthy. You can exchange money at any bank in Sri Lanka during their regular operating hours, which are usually from Monday to Friday, 9am to 1pm. Some banks are open on Saturdays as well.
Licensed money changers are another option for exchanging money in Sri Lanka. They are typically located near major tourist attractions and in popular shopping areas. Make sure to only use licensed money changers to avoid scams and get a fair exchange rate. Look for the “Licensed Money Changer” sign at the exchange booth.
In addition to banks and licensed money changers, many hotels and resorts also offer currency exchange services. However, the exchange rates may not be as competitive as those at banks or licensed money changers. It’s always a good idea to compare rates before exchanging money.
Keep in mind that exchanging money on the street is not recommended as it can be unsafe and unreliable. Always use a reputable exchange service to ensure that you’re getting the best rate possible.
