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ALGO
LKR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Algorand(ALGO) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 ALGO at a value of 1 ALGO for 94.61 LKR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
LKR information
About Sri Lankan Rupee (LKR)
The Sri Lankan Rupee (LKR), established in 1885, is more than just the monetary unit of Sri Lanka; it represents the nation's rich cultural heritage and its evolving economic landscape. It is commonly abbreviated as LKR and represented by the symbol Rs. As a key player in Sri Lanka's economic activities, the Rupee has witnessed the country's journey from a colonial past to an independent nation striving for economic growth and stability.
Historical Background
The introduction of the Sri Lankan Rupee marked a significant shift from the British Indian Rupee, aligning with Sri Lanka's (then Ceylon) transition towards economic self-sufficiency. This change was part of the broader colonial policy but later became a symbol of national identity after Sri Lanka gained independence in 1948.
Design and Symbolism
The design of the Sri Lankan Rupee is a vivid reflection of the country's diverse flora and fauna, historical landmarks, and figures who have shaped its history. The notes and coins feature images of ancient kings, renowned figures, native wildlife, and significant cultural and natural sites. These elements are not just decorative; they are imbued with the nation's story and pride.
Economic Role
The Rupee plays a central role in Sri Lanka’s economy, which is characterized by its tea, rubber, and coconut exports, along with a growing tourism industry and remittances from overseas workers. As the primary medium of exchange, it facilitates trade and transactions within these sectors, underpinning the country's economic activity.
Monetary Policy and Inflation
Managed by the Central Bank of Sri Lanka, the Rupee has faced challenges including inflation and depreciation, particularly in times of political and economic instability. The bank’s monetary policies aim to stabilize the currency, which is crucial for maintaining economic confidence and attracting foreign investment.
International Trade and the Sri Lankan Rupee
The value of the Rupee is significant in international trade, particularly for Sri Lanka's exports like textiles and tea. A stable Rupee is important for maintaining competitive export prices and attracting foreign direct investment.
Remittances and Economic Impact
Remittances from the Sri Lankan diaspora, especially from the Middle East and Europe, are a significant source of foreign income. These remittances, converted into Rupees, play a substantial role in supporting families and contributing to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Algorand currency pair is the ALGO to LKR, with for Algorand's currency code being ALGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.
ALGO to LKR conversion rate trend
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In the past 1D, Algorand has changed -11.14% to LKR. Based on the trend and price charts, Algorand(ALGO) has changed -11.14% to LKR while Sri Lankan Rupee(LKR) has changed % to ALGO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Rs96.15 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Rs96.06 | 0.1000% / 0.1000% | Yes |
Kraken | Rs96.05 | 0.1000% / 0.1000% | Yes |
OKX | Rs96.03 | 0.080% / 0.100% | Yes |
Huobi | Rs96.06 | 0.1000% / 0.1000% | Yes |
Gate.io | Rs96.1 | 0.1000% / 0.1000% | Yes |
Bybit | Rs96.06 | 0.1000% / 0.1000% | Yes |
KuCoin | Rs96.09 | 0.1000% / 0.1000% | Yes |
Bitfinex | Rs140.34 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/12 01:00:18(UTC+0)
How to buy Algorand
Create Your Free Bitget Account
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Buy Algorand (ALGO)
Use a variety of payment options to buy Algorand on Bitget. We'll show you how.
Learn MoreBuy ALGO (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading does not currently support direct buying of ALGO with LKR. However, you can buy USDT in Bitget P2P trading first, and then buy ALGO with USDT via Bitget spot market.
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Sell ALGO (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading currently does not support direct selling of ALGO to LKR. However, you can first exchange ALGO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Algorand to Sri Lankan Rupee?
Algorand to Sri Lankan Rupee is falling this week.Algorand's current market price is Rs 94.61 per ALGO, with a total market cap of Rs 788,584,750,017.83 LKR based on a circulating supply of 8,334,775,300 ALGO. The trading volume of Algorand has changed by -39.27% (Rs -71,514,911,055.51 LKR) in the last 24 hours. Last trading day, ALGO's trading volume was Rs 182,105,698,733.95.
Market cap
$2.70B
24h volume
$378.19M
Circulating supply
8.33B ALGO
Conversion tables
The exchange rate of Algorand is increasing.1 ALGO is currently valued at Rs 94.61 LKR , which means buying 5 ALGO will cost Rs 473.07 LKR . Similarly, Rs1 LKR can be traded for 0.01057 ALGO, and Rs50 LKR can be converted to 0.5285 ALGO, excluding any platform or gas fees.
The exchange rate of 1 ALGO to Sri Lankan Rupee has changed by -22.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -11.14%, reaching a high of 109.53 LKR and a low of 92.92 LKR . One month ago, the value of 1 ALGO was Rs 67.13 LKR , which represents a +40.94% change from its current value. Over the last year, Algorand has changed by , resulting in a change of +39.49% in its value.
+Rs
26.79LKRALGO to LKR
Amount
06:00 am today
0.5 ALGO
Rs47.31
1 ALGO
Rs94.61
5 ALGO
Rs473.07
10 ALGO
Rs946.14
50 ALGO
Rs4,730.69
100 ALGO
Rs9,461.38
500 ALGO
Rs47,306.9
1000 ALGO
Rs94,613.8
LKR to ALGO
Amount06:00 am today
0.5LKR0.005285 ALGO
1LKR0.01057 ALGO
5LKR0.05285 ALGO
10LKR0.1057 ALGO
50LKR0.5285 ALGO
100LKR1.06 ALGO
500LKR5.28 ALGO
1000LKR10.57 ALGO
Today vs. 24 hours ago
| Amount | 06:00 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ALGO | $0.1618 | $0.1821 | -11.14% |
| 1 ALGO | $0.3236 | $0.3641 | -11.14% |
| 5 ALGO | $1.62 | $1.82 | -11.14% |
| 10 ALGO | $3.24 | $3.64 | -11.14% |
| 50 ALGO | $16.18 | $18.21 | -11.14% |
| 100 ALGO | $32.36 | $36.41 | -11.14% |
| 500 ALGO | $161.78 | $182.06 | -11.14% |
| 1000 ALGO | $323.55 | $364.13 | -11.14% |
Today vs. 1 month ago
| Amount | 06:00 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ALGO | $0.1618 | $0.1148 | +40.94% |
| 1 ALGO | $0.3236 | $0.2296 | +40.94% |
| 5 ALGO | $1.62 | $1.15 | +40.94% |
| 10 ALGO | $3.24 | $2.3 | +40.94% |
| 50 ALGO | $16.18 | $11.48 | +40.94% |
| 100 ALGO | $32.36 | $22.96 | +40.94% |
| 500 ALGO | $161.78 | $114.78 | +40.94% |
| 1000 ALGO | $323.55 | $229.57 | +40.94% |
Today vs. 1 year ago
| Amount | 06:00 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ALGO | $0.1618 | $0.1160 | +39.49% |
| 1 ALGO | $0.3236 | $0.2320 | +39.49% |
| 5 ALGO | $1.62 | $1.16 | +39.49% |
| 10 ALGO | $3.24 | $2.32 | +39.49% |
| 50 ALGO | $16.18 | $11.6 | +39.49% |
| 100 ALGO | $32.36 | $23.2 | +39.49% |
| 500 ALGO | $161.78 | $115.98 | +39.49% |
| 1000 ALGO | $323.55 | $231.95 | +39.49% |
Algorand price prediction
What will the price of ALGO be in 2025?
Based on ALGO's historical price performance prediction model, the price of ALGO is projected to reach $0.5474 in 2025.
What will the price of ALGO be in 2030?
In 2030, the ALGO price is expected to change by -6.00%. By the end of 2030, the ALGO price is projected to reach $0.6616, with a cumulative ROI of +99.93%.
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Popular Algorand conversions
Check out these popular currency conversions of Algorand to several fiat currencies.
Algorand to USD
1 ALGO to $ 0.3236 USD
Algorand to GBP
1 ALGO to £ 0.2574 GBP
Algorand to EUR
1 ALGO to € 0.3102 EUR
Algorand to KRW
1 ALGO to ₩ 467.99 KRW
Algorand to CAD
1 ALGO to $ 0.4651 CAD
Algorand to AUD
1 ALGO to $ 0.5176 AUD
Algorand to JPY
1 ALGO to ¥ 50.62 JPY
Algorand to BRL
1 ALGO to R$ 1.97 BRL
Algorand to CNY
1 ALGO to ¥ 2.36 CNY
Algorand to TWD
1 ALGO to NT$ 10.56 TWD
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1 HEX to Rs 5.71 LKR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Algorand and LKR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Algorand and LKR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Algorand in LKR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
