Convert Qatari Riyal to Sri Lankan Rupee
Convert Qatari Riyal (QAR) to Sri Lankan Rupee (LKR) using daily updated exchange rates.
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Exchange Rate
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About Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
About Sri Lankan Rupee
The Sri Lankan Rupee (LKR) has been the official currency of Sri Lanka since 1872, with the Central Bank of Sri Lanka (CBSL) managing monetary policy since 1950. Sri Lanka experienced a severe economic crisis in 2022, running out of foreign exchange reserves, causing widespread fuel, medicine, and food shortages that led to political upheaval and the resignation of the president. An IMF bailout agreement in 2023 helped stabilise the situation. Sri Lanka's economy is based on tourism, garment exports, tea (a world-leading exporter), and remittances.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).