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USD USD LKR LKR Rate as of2026-05-16

USD to LKR Converter.

Current rate

1 USD = 298 LKR as of 2026-05-16. Sri Lanka-US corridor. Post-2022 economic crisis recovery. LKR depreciated 70%+ from 2021-2022 (200 → 365 vs USD) before stabilizing in 2024-2025 under IMF program. Since then, mild LKR strengthening from 365 to ~298 driven by tourism recovery and IMF discipline.

💱

USDLKR Converter

$
🇺🇸 $1.00 = 🇱🇰
LKR 298.00
Rate: 1 USD = 298.0000 LKR
Common conversions
🇺🇸 USD🇱🇰 LKR
$1.00LKR 298.00
$10.00LKR 2,980.00
$100.00LKR 29,800.00
$500.00LKR 149,000.00
$1,000.00LKR 298,000.00
$5,000.00LKR 1,490,000.00
$10,000.00LKR 2,980,000.00
$50,000.00LKR 14,900,000.00
$100,000.00LKR 29,800,000.00
✨ Mid-market rate · as of 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD trend over time.

Today
298
1 USD = LKR
1 year ago
322
↓ 7.5% in 12 months
5 years ago
188
↑ 58.5% in 5 years
🔢 Quick reference

USD to LKR conversion table.

Common US Dollar amounts converted to Sri Lankan Rupee at today's rate of 1 USD = 298 LKR. The reverse holds too: 1 LKR = 0.0034 USD.

USD → LKR
1 USD 298 LKR
5 USD 1,490 LKR
10 USD 2,980 LKR
25 USD 7,450 LKR
50 USD 14,900 LKR
100 USD 29,800 LKR
500 USD 149,000 LKR
1,000 USD 298,000 LKR
5,000 USD 1,490,000 LKR
10,000 USD 2,980,000 LKR
LKR → USD
1 LKR 0.0034 USD
5 LKR 0.0168 USD
10 LKR 0.0336 USD
25 LKR 0.0839 USD
50 LKR 0.1678 USD
100 LKR 0.3356 USD
500 LKR 1.68 USD
1,000 LKR 3.36 USD
5,000 LKR 16.78 USD
10,000 LKR 33.56 USD
💡 About this corridor

Why people convert USD to LKR.

The USD/LKR corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Sri Lankan Rupee side, demand comes from Sri Lanka remittances, family transfers, and post-crisis rebuilding. Because both sides see steady two-way flow, USD/LKR is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the US Dollar has moved down 7.5% against the Sri Lankan Rupee, and over five years it has strengthened about 58.5% (from 188 to 298). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Sri Lankan Rupee you receive by a meaningful margin.

Getting the best USD → LKR rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-16 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

USD to LKR FAQ.

Has Sri Lanka recovered from the 2022 crisis?
Partially. The acute phase (forex shortage, fuel queues, sovereign default) is over post-IMF $3B EFF program (2023-27). LKR has actually strengthened in 2024-25 from peak weakness. Inflation has dropped from 70% to under 5%. But growth remains weak and tourism, while recovering, is below 2018 peak.
USD to LKR remittance — what are the options?
Sri Lankan diaspora has long-established remittance infrastructure: HNB (Hatton National Bank), Sampath Bank, Commercial Bank all have NRI/NRE-equivalent accounts. Wise and Remitly run the corridor at competitive rates. Black-market unofficial rates were a major issue during the crisis but have normalized.
Is it safe to send USD to LKR now?
Yes — banking system is functional, capital controls have eased since 2024. The major risk now is gradual LKR weakness if reforms stall. For lump-sum transfers, use Wise or bank wires. For ongoing monthly support, set up a recurring transfer to a local LKR savings account at HNB or NSB.