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Treasure to Sri Lankan Rupee Converter and calculator

Convert 1Treasure (MAGIC) to Sri Lankan Rupee (LKR) equals Rs 267.63 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Treasure(MAGIC) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 MAGIC at a value of 1 MAGIC for 267.63 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Treasure currency pair is the MAGIC to LKR, with for Treasure's currency code being MAGIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

MAGIC to LKR conversion rate trend

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In the past 1D, Treasure has changed +4.24% to LKR. Based on the trend and price charts, Treasure(MAGIC) has changed +4.24% to LKR while Sri Lankan Rupee(LKR) has changed % to MAGIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs269.13
0.0001% / 0.0004%vip-iconVIP
Binance
Rs268.57
0.1000% / 0.1000%
Yes
OKX
Rs268.81
0.080% / 0.100%
Yes
Huobi
Rs268.66
0.1000% / 0.1000%
Yes
Gate.io
Rs269.2
0.1000% / 0.1000%
Yes
Bybit
Rs269.14
0.1000% / 0.1000%
Yes
KuCoin
Rs269.38
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 16:00:20(UTC+0)

How to buy Treasure

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Use a variety of payment options to buy Treasure on Bitget. We'll show you how.

What factors influence the conversion rate of Treasure to Sri Lankan Rupee?

Treasure to Sri Lankan Rupee is rising this week.
Treasure's current market price is Rs 267.63 per MAGIC, with a total market cap of Rs 68,727,286,188.97 LKR based on a circulating supply of 256,802,610 MAGIC. The trading volume of Treasure has changed by +92.47% (Rs 6,785,399,580.19 LKR) in the last 24 hours. Last trading day, MAGIC's trading volume was Rs 7,338,200,932.86.
Market cap
$228.60M
24h volume
$46.98M
Circulating supply
256.80M MAGIC

Conversion tables

The exchange rate of Treasure is increasing.
1 MAGIC is currently valued at Rs 267.63 LKR , which means buying 5 MAGIC will cost Rs 1,338.13 LKR . Similarly, Rs1 LKR can be traded for 0.003737 MAGIC, and Rs50 LKR can be converted to 0.1868 MAGIC, excluding any platform or gas fees.
The exchange rate of 1 MAGIC to Sri Lankan Rupee has changed by +6.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.24%, reaching a high of 272.2 LKR and a low of 255.89 LKR . One month ago, the value of 1 MAGIC was Rs 227.38 LKR , which represents a +17.76% change from its current value. Over the last year, Treasure has changed by
-Rs
48.69LKR
, resulting in a change of -15.43% in its value.

MAGIC to LKR

Amount
17:00 today
0.5 MAGIC
Rs133.81
1 MAGIC
Rs267.63
5 MAGIC
Rs1,338.13
10 MAGIC
Rs2,676.27
50 MAGIC
Rs13,381.35
100 MAGIC
Rs26,762.69
500 MAGIC
Rs133,813.45
1000 MAGIC
Rs267,626.9

LKR to MAGIC

Amount17:00 today
0.5LKR0.001868  MAGIC
1LKR0.003737  MAGIC
5LKR0.01868  MAGIC
10LKR0.03737  MAGIC
50LKR0.1868  MAGIC
100LKR0.3737  MAGIC
500LKR1.87  MAGIC
1000LKR3.74  MAGIC
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Today vs. 24 hours ago

Amount17:00 today24 hours ago24h change
0.5 MAGIC$0.4451$0.4270
+4.24%
1 MAGIC$0.8902$0.8541
+4.24%
5 MAGIC$4.45$4.27
+4.24%
10 MAGIC$8.9$8.54
+4.24%
50 MAGIC$44.51$42.7
+4.24%
100 MAGIC$89.02$85.41
+4.24%
500 MAGIC$445.08$427.03
+4.24%
1000 MAGIC$890.16$854.05
+4.24%

Today vs. 1 month ago

Amount17:00 today1 month ago1M change
0.5 MAGIC$0.4451$0.3781
+17.76%
1 MAGIC$0.8902$0.7563
+17.76%
5 MAGIC$4.45$3.78
+17.76%
10 MAGIC$8.9$7.56
+17.76%
50 MAGIC$44.51$37.81
+17.76%
100 MAGIC$89.02$75.63
+17.76%
500 MAGIC$445.08$378.15
+17.76%
1000 MAGIC$890.16$756.3
+17.76%
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Today vs. 1 year ago

Amount17:00 today1 year ago1Y change
0.5 MAGIC$0.4451$0.5261
-15.43%
1 MAGIC$0.8902$1.05
-15.43%
5 MAGIC$4.45$5.26
-15.43%
10 MAGIC$8.9$10.52
-15.43%
50 MAGIC$44.51$52.61
-15.43%
100 MAGIC$89.02$105.21
-15.43%
500 MAGIC$445.08$526.05
-15.43%
1000 MAGIC$890.16$1,052.1
-15.43%

Treasure price prediction

What will the price of MAGIC be in 2025?

Based on MAGIC's historical price performance prediction model, the price of MAGIC is projected to reach $1.41 in 2025.

What will the price of MAGIC be in 2030?

In 2030, the MAGIC price is expected to rise by +1.00%. By the end of 2030, the MAGIC price is projected to reach $2.67, with a cumulative ROI of +200.42%.
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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 Treasure 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 Treasure 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 Treasure 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.

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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.