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The Sri Lankan rupee is the official money used in Sri Lanka for buying and selling goods and services. It matters because it's the medium of exchange that enables the country's economy to function and allows people to conduct everyday transactions.
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Exchange rate to US$1 since 1973 The Sri Lankan rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: ₨ in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR), known until 1972 as the Ceylon rupee, 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. It is issued by the Central Bank of Sri Lanka. The abbreviation Re (singular) and Rs (plural) is generally used, the World Bank suggests SL Rs as a fully disambiguating abbreviation for distinction from other currencies named "rupee".
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