LKR/ZAR
Market Open
12 Jun, 20:59
R
0. 054690
+0.005811
+11.8894%
R
272,694 Volume
R 0.048879
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LKRZAR Overview
LKRZAR denotes the exchange rate between the Sri Lankan Rupee and the South African Rand, indicating how many rand are required to purchase one rupee. It is a cross-currency quotation used to compare the relative value of Sri Lanka’s currency versus that of South Africa.
The Sri Lankan Rupee (LKR) is the official medium of exchange in Sri Lanka and is issued by the Central Bank of Sri Lanka (CBSL). It serves domestic transactions, pricing, and monetary policy transmission within the South Asian island economy.
The South African Rand (ZAR) functions as the official currency of the Republic of South Africa and several neighboring territories, and is issued by the South African Reserve Bank (SARB). The rand plays a key role in regional trade and is influenced by South Africa’s commodity sector and broader emerging-market dynamics.
Movements in the LKRZAR rate are driven by currency supply and demand, differing interest rate levels, inflation trends, and central bank interventions. Macroeconomic indicators, capital flows and geopolitical events also contribute to short- and medium-term volatility.
For market participants, LKRZAR matters for cross-border trade settlement, hedging currency exposure and speculative strategies, as shifts in the pair can affect import/export costs and investment returns.
The Sri Lankan Rupee (LKR) is the official medium of exchange in Sri Lanka and is issued by the Central Bank of Sri Lanka (CBSL). It serves domestic transactions, pricing, and monetary policy transmission within the South Asian island economy.
The South African Rand (ZAR) functions as the official currency of the Republic of South Africa and several neighboring territories, and is issued by the South African Reserve Bank (SARB). The rand plays a key role in regional trade and is influenced by South Africa’s commodity sector and broader emerging-market dynamics.
Movements in the LKRZAR rate are driven by currency supply and demand, differing interest rate levels, inflation trends, and central bank interventions. Macroeconomic indicators, capital flows and geopolitical events also contribute to short- and medium-term volatility.
For market participants, LKRZAR matters for cross-border trade settlement, hedging currency exposure and speculative strategies, as shifts in the pair can affect import/export costs and investment returns.
LKRZAR Chart
LKRZAR FAQ
What is the current LKR/ZAR price?
The current rate is R0.054690, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the LKR/ZAR rate changed today?
The rate has changed by +0.005811 (+11.8894%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was R0.048879, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is LKR/ZAR moving up or down?
Movements in LKR/ZAR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+11.8894%) is based on the difference between the current rate and the previous closing rate.
Is LKR/ZAR trending up or down right now?
If the current rate (R0.054690) is above the previous close (R0.048879), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for LKR/ZAR directly on this page.
