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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 their low value.
English: USD / Sri Lankan Rupee exchange rate. Date: 23 June 2023: Source: Own work https: ... Economy of Sri Lanka; Sri Lankan economic crisis (2019–present)
Paisa = 1 ⁄ 100 rupee 133.80588 1932 Nepalese mohar Pakistan Pakistani rupee ₨ PKR Paisa = 1 ⁄ 100 rupee 277.97203 1947 Indian rupee (prior to partition) Seychelles Seychellois rupee: SR, SRe SCR Cent = 1 ⁄ 100 rupee 13.466389 1976 Mauritian rupee Sri Lanka Sri Lankan rupee ₨, රු, ௹ LKR Cent = 1 ⁄ 100 rupee 303.10909 1885
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
[1] [2] In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. [3] For example, in India, 150,000 rupees becomes 1.5 lakh rupees, written as ₹ 1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Afghanistan , Bangladesh , Bhutan , India , Myanmar , Nepal , Pakistan , and Sri Lanka .
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]
The price of 16 Annas was 1 rupee in 1947. The demand for decimalization existed for over a century. Sri Lanka decimalised its rupee in 1869. The Indian Coinage Act was amended in September 1955 for the adoption of a decimal system for coinage. The Act came into force with effect from 1 April 1957. [12]
The rupee sign "₨" is a currency sign used to represent the monetary unit of account in Pakistan, Sri Lanka, Nepal, Mauritius, Seychelles, and formerly in India.It resembles, and is often written as, the Latin character sequence "Rs", of which (as a single character) it is an orthographic ligature.
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