Convert 5 Sri Lankan Rupee (LKR) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on April 20th 2024 ( 04/20/2024 )
Below you will find the latest exchange rates for exchanging Sri Lankan Rupee (LKR) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Sri Lankan Rupee (LKR) to Argentine Peso (ARS) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Sri Lankan Rupee and Argentine Peso on 04/20/2024 is 1 LKR = 2.8866 ARS - AVERAGE intraday quotes were used for this currency conversion.
The official currency of Sri Lanka is the rupee. Each rupee is symbolized in monetary transactions with one of the following symbols: "Rs", or "SLRs". Each rupee is divided into 100 cents, though there are no coins nor banknotes in common circulation denominated in cents. The old cents based coins remain as legal tender, but are rarely if ever used.
The Central Bank of Sri Lanka issues coins in the following denominations: 50 cents, Rs.1, Rs.2, Rs.5, and Rs.10. In addition to these coins the central bank also issues banknotes in these denominations: Rs.10, Rs.20, Rs.50, Rs.100, Rs.200, Rs.500, Rs.1000, Rs.2000, and Rs.5000.
One unique attribute of the Sri Lankan banknotes is that they are printed vertically on the back of the note.
About Argentine Peso (ARS)
The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.
ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.
