FRAX
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 Frax(FRAX) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 FRAX at a value of 1 FRAX for 291.12 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 Frax currency pair is the FRAX to LKR, with for Frax's currency code being FRAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.
FRAX to LKR conversion rate trend
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In the past 1D, Frax has changed +0.10% to LKR. Based on the trend and price charts, Frax(FRAX) has changed +0.10% to LKR while Sri Lankan Rupee(LKR) has changed % to FRAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Rs290.89 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Rs282.94 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 00:00:20(UTC+0)
How to buy Frax
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Frax (FRAX)
Use a variety of payment options to buy Frax on Bitget. We'll show you how.
Buy FRAX (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading does not currently support direct buying of FRAX with LKR. However, you can buy USDT in Bitget P2P trading first, and then buy FRAX with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell FRAX (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading currently does not support direct selling of FRAX to LKR. However, you can first exchange FRAX 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 Frax to Sri Lankan Rupee?
Frax to Sri Lankan Rupee is falling this week.Frax's current market price is Rs 291.12 per FRAX, with a total market cap of Rs 189,060,671,827.23 LKR based on a circulating supply of 649,433,400 FRAX. The trading volume of Frax has changed by +42.95% (Rs 1,273,642,055.69 LKR) in the last 24 hours. Last trading day, FRAX's trading volume was Rs 2,965,634,276.19.
Market cap
$646.69M
24h volume
$14.50M
Circulating supply
649.43M FRAX
Conversion tables
The exchange rate of Frax is decreasing.1 FRAX is currently valued at Rs 291.12 LKR , which means buying 5 FRAX will cost Rs 1,455.58 LKR . Similarly, Rs1 LKR can be traded for 0.003435 FRAX, and Rs50 LKR can be converted to 0.1718 FRAX, excluding any platform or gas fees.
The exchange rate of 1 FRAX to Sri Lankan Rupee has changed by -0.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.10%, reaching a high of 291.23 LKR and a low of 290.56 LKR . One month ago, the value of 1 FRAX was Rs 291.35 LKR , which represents a -0.08% change from its current value. Over the last year, Frax has changed by , resulting in a change of -0.33% in its value.
-Rs
0.9568LKRFRAX to LKR
Amount
07:44 am today
0.5 FRAX
Rs145.56
1 FRAX
Rs291.12
5 FRAX
Rs1,455.58
10 FRAX
Rs2,911.16
50 FRAX
Rs14,555.82
100 FRAX
Rs29,111.63
500 FRAX
Rs145,558.16
1000 FRAX
Rs291,116.31
LKR to FRAX
Amount07:44 am today
0.5LKR0.001718 FRAX
1LKR0.003435 FRAX
5LKR0.01718 FRAX
10LKR0.03435 FRAX
50LKR0.1718 FRAX
100LKR0.3435 FRAX
500LKR1.72 FRAX
1000LKR3.44 FRAX
Today vs. 24 hours ago
| Amount | 07:44 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRAX | $0.4979 | $0.4974 | +0.10% |
| 1 FRAX | $0.9958 | $0.9947 | +0.10% |
| 5 FRAX | $4.98 | $4.97 | +0.10% |
| 10 FRAX | $9.96 | $9.95 | +0.10% |
| 50 FRAX | $49.79 | $49.74 | +0.10% |
| 100 FRAX | $99.58 | $99.47 | +0.10% |
| 500 FRAX | $497.89 | $497.37 | +0.10% |
| 1000 FRAX | $995.78 | $994.74 | +0.10% |
Today vs. 1 month ago
| Amount | 07:44 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRAX | $0.4979 | $0.4983 | -0.08% |
| 1 FRAX | $0.9958 | $0.9966 | -0.08% |
| 5 FRAX | $4.98 | $4.98 | -0.08% |
| 10 FRAX | $9.96 | $9.97 | -0.08% |
| 50 FRAX | $49.79 | $49.83 | -0.08% |
| 100 FRAX | $99.58 | $99.66 | -0.08% |
| 500 FRAX | $497.89 | $498.29 | -0.08% |
| 1000 FRAX | $995.78 | $996.58 | -0.08% |
Today vs. 1 year ago
| Amount | 07:44 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRAX | $0.4979 | $0.4995 | -0.33% |
| 1 FRAX | $0.9958 | $0.9991 | -0.33% |
| 5 FRAX | $4.98 | $5 | -0.33% |
| 10 FRAX | $9.96 | $9.99 | -0.33% |
| 50 FRAX | $49.79 | $49.95 | -0.33% |
| 100 FRAX | $99.58 | $99.91 | -0.33% |
| 500 FRAX | $497.89 | $499.53 | -0.33% |
| 1000 FRAX | $995.78 | $999.05 | -0.33% |
Frax price prediction
What will the price of FRAX be in 2025?
Based on FRAX's historical price performance prediction model, the price of FRAX is projected to reach $1.13 in 2025.
What will the price of FRAX be in 2030?
In 2030, the FRAX price is expected to change by -19.00%. By the end of 2030, the FRAX price is projected to reach $1.98, with a cumulative ROI of +99.32%.
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Popular Frax conversions
Check out these popular currency conversions of Frax to several fiat currencies.
Frax to USD
1 FRAX to $ 0.9958 USD
Frax to GBP
1 FRAX to £ 0.7924 GBP
Frax to EUR
1 FRAX to € 0.9543 EUR
Frax to KRW
1 FRAX to ₩ 1,446.3 KRW
Frax to CAD
1 FRAX to $ 1.43 CAD
Frax to AUD
1 FRAX to $ 1.59 AUD
Frax to JPY
1 FRAX to ¥ 156.11 JPY
Frax to BRL
1 FRAX to R$ 6.05 BRL
Frax to CNY
1 FRAX to ¥ 7.27 CNY
Frax to TWD
1 FRAX to NT$ 32.57 TWD
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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 Frax 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 Frax 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 Frax 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.
