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Sri Lanka

Sri Lankan Rupee

LKR

Official currency of Sri Lanka

Rs Symbol
CBSL

About the Sri Lankan Rupee

The Sri Lankan Rupee was introduced in 1872, replacing the British Pound as the official currency of what was then British Ceylon. The country has faced a severe economic crisis since 2019, leading to a default and massive devaluation of the rupee.

The name 'Rupee' is derived from the Sanskrit word 'rupya', meaning 'wrought silver'.

Interesting Facts

A Currency in Crisis

Since 2019, the Sri Lankan Rupee has been at the center of a profound economic crisis, caused by debt, mismanagement, and external shocks, leading to hyperinflation and a national default.

Vertical Banknotes

Sri Lankan banknotes have a vertical orientation on the reverse side, showcasing the country's vibrant culture, wildlife, and ancient heritage.

Bridges and Birds

The banknote series features endemic birds of Sri Lanka on the front and illustrates national development projects and cultural themes on the back.

Historical Timeline

1872

The Rupee replaces the British Pound.

1948

Ceylon gains independence.

1972

The country is renamed Sri Lanka.

2022

Sri Lanka defaults on its debt, and the rupee collapses amid a severe economic crisis.

Denominations

Banknotes

Rs20 Maroon
Rs50 Blue
Rs100 Orange
Rs500 Purple
Rs1000 Green
Rs5000 Red

Coins

1 rupee
2 rupees
5 rupees
10 rupees

Security Features

Watermark Starchrome security thread See-through feature Intaglio printing Tactile bars for the visually impaired

Quick Facts

ISO Code
LKR
Symbol
Rs
Numeric Code
144
Subunit
Cent (1/100)
Introduced
1872-01-01

Central Bank

Name
Central Bank of Sri Lanka
Headquarters
Colombo, Sri Lanka
Founded
1950
Current Governor
P. Nandalal Weerasinghe (since 2022)
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
2.5%
Interest Rate
8.50%

What Affects the LKR Exchange Rate?

Tourism revenue
Tea and textile exports
Remittances from Sri Lankans working abroad
IMF bailout programs and debt restructuring
Political stability

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