Bitget converter provides MKR to LKR real-time exchange rates, making it easy to convert Maker (MKR) to Sri Lankan Rupee (LKR). The conversion result is based on real-time data. The conversion result shows that 1 MKR is currently valued at 570,223.86 LKR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MKR is currently valued at 570,223.86 LKR, which means buying 5 MKR would cost 2,851,119.28 LKR. Similarly, Rs1 LKR can be converted to 0.{5}1754 MKR, and Rs50 LKR can be converted to 0.{5}8768 MKR, excluding any platform or gas fees.
In the table above, you'll find a comprehensive MKR to LKR converter that shows the value of Maker in Sri Lankan Rupee across commonly used conversion amounts. The list covers conversions from 1 MKR to LKR, all the way up to 10000 MKR, providing a clear view of their respective values.
In the table above, you'll find a comprehensive LKR to MKR converter that shows the value of Sri Lankan Rupee in Maker across commonly used conversion amounts. The list covers conversions from 1 LKR to MKR, all the way up to 100000 LKR, providing a clear view of their respective values.
In the past 1D, Maker has changed +1.23% to LKR. Based on the trend and price charts, Maker(MKR) has changed +1.23% to LKR while Sri Lankan Rupee(LKR) has changed % to MKR in the last 24 hours.
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MKR to LKR conversion data: Volatility and price changes of Maker in LKR
The highest Maker price in LKR over the past 7 days was 622,003.56 LKR while the lowest Maker price in LKR over the past 7 days was 494,258.51 LKR. The relative change between the highs and lows in Maker price in LKR over the last 7 days indicates a volatility of %. You can view additional volatility data and MKR to LKR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
622,003.56 LKR
622,003.56 LKR
687,370.24 LKR
687,370.24 LKR
Low
589,709.82 LKR
494,258.51 LKR
456,075.99 LKR
315,559.48 LKR
Average
0 LKR
0 LKR
0 LKR
0 LKR
Volatility
%
%
%
%
Change
+1.23%
-0.07%
+22.90%
+40.15%
Maker information
MKR to LKR market statistics
MKR/LKR:
Rs570,223.86
MKR 24h volume:
Rs26,161,257,246.08
MKR market cap:
--
MKR circulating supply:
0 MKR
Current MKR to LKR exchange rate
Maker to Sri Lankan Rupee is falling this week.
Maker's current market price is Rs570,223.86 per MKR, with a total market cap of Rs0 LKR based on a circulating supply of -- MKR. The trading volume of Maker has changed by +11.09% (Rs2,612,011,671.41 LKR) in the last 24 hours. Last trading day, MKR's trading volume was Rs23,549,245,574.68.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to LKR, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.
The exchange rate of 1 MKR to Sri Lankan Rupee has changed by -0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.23%, reaching a high of 622,003.56 LKR and a low of 589,709.82 LKR . One month ago, the value of 1 MKR was Rs457,235.27 LKR , which represents a +22.90% change from its current value. Over the last year, Maker has changed by
-Rs
49,647.14LKR
, resulting in a change of -7.57% in its value.
24 hours ago1 month ago1 year ago
Amount
06:52 am today
24 hours ago
24h change
0.5 MKR
Rs285,111.93
Rs281,434.51
+1.23%
1 MKR
Rs570,223.86
Rs562,869.01
+1.23%
5 MKR
Rs2,851,119.28
Rs2,814,345.07
+1.23%
10 MKR
Rs5,702,238.55
Rs5,628,690.14
+1.23%
50 MKR
Rs28,511,192.77
Rs28,143,450.69
+1.23%
100 MKR
Rs57,022,385.53
Rs56,286,901.39
+1.23%
500 MKR
Rs285,111,927.66
Rs281,434,506.95
+1.23%
1000 MKR
Rs570,223,855.32
Rs562,869,013.89
+1.23%
MKR to LKR FAQ
How much is 1 Maker in LKR?
Right now, the price of 1 Maker (MKR) in Sri Lankan Rupee (LKR) is Rs570,223.86.
How much MKR can I buy for 1 LKR?
Based on the current exchange rate, you can get 0.{5}1754 MKR for 1 LKR.
How do I calculate or convert MKR to LKR?
You can use our MKR to LKR calculator at the top of this page to convert any amount of MKR to LKR. We've also included quick-reference tables for the most popular conversions. For example, 5 LKR is equivalent to 0.{5}8768 MKR, while 5 MKR will cost around 2,851,119.28LKR.
What is the highest price of MKR/LKR in history?
The all-time high price of 1 MKR in LKR is Rs1,905,877.13. It remains to be seen if the value of 1 MKR/LKR will exceed the current all-time high.
What is the price trend of Maker in LKR?
Over the past 7 days, the exchange rate of Maker (MKR) has gone down by 0.07%.
Over the last month, the exchange rate of Maker (MKR) has gone up by 22.90% against Sri Lankan Rupee (LKR).
What factors influence the conversion rate of MKR to LKR?
There are many factors that affect the relationship between Maker and Sri Lankan Rupee, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MKR/LKR. When there is positive news in the market about the widespread adoption of MKR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MKR/LKR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MKR/LKR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MKR/LKR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Maker and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Maker currency pairs: MKR to US Dollar (USD), MKR to Euro (EUR), MKR to Pound Sterling (GBP), MKR to Canadian Dollar (CAD), MKR to Indian Rupee (INR), MKR to Pakistani Rupee (PKR), MKR to Brazilian Real (BRL), MKR to… The price of Maker in the US is $1,896.59 USD. Additionally, Maker’s price is €1,622.53 EUR in the eurozone, £1,404.99 GBP in the UK, C$2,598.14 CAD in Canada, ₹162,787.53 INR in India, ₨539,342.1 PKR in Pakistan, R$10,545.22 BRL in Brazil, and more. The most popular Maker currency pair is the MKR to Sri Lankan Rupee(LKR). The price of 1 Maker (MKR) in Sri Lankan Rupee (LKR) is Rs570,223.86.
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.