Sri Lankan rupee

From Open Encyclopedia

The rupee is the official currency of Sri Lanka, divided into 100 cents. The currency code is LKR. It is issued by the Central Bank of Sri Lanka.

Until 1870, the British pound was Ceylon's official currency, having replaced the rixdollar in 1828. Quarter farthings (one sixteenth of a penny), half farthings (one eighth of a penny) and three halfpennies (1¹⁄₂ pence) were issued in addition to those coins used in Britain.

The rupee was introduced in 1870. It was equal to the Indian rupee and replaced the British currency at a rate of 1 rupee = 2 shillings 3 pence. Unlike the Indian rupee, it was a decimal currency from the outset.

In December 2005, a new set of coins with denominations 5 rupee, 2 rupee, 1 rupee, 50 cents and 25 cents have been released, for circulation along side the older coins.

The lower cent denominations of 1 cent, 2 cent, 5 cent and 10 cent, although legal tender are not seen in circulation and not issued by the bank in general.

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Coins

25 cent
50 cent
1 rupee
2 rupees
5 rupees

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Banknotes

10 rupees
20 rupees
50 rupees
100 rupees
500 rupees
1000 rupees

Sri Lankan banknotes are unusual in that they are printed vertically on the reverse.

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External links

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Currencies of Asia and the Pacific
Central	Afghan afghani \| Kazakhstani tenge \| Kyrgyzstani som \| Mongolian tugrug \| Russian ruble \| Tajikistani somoni \| Turkmenistani manat \| Uzbekistani som
East	Chinese yuan \| Hong Kong dollar \| Japanese yen \| Macanese pataca \| North Korean won \| South Korean won \| New Taiwan dollar
South-East	Brunei dollar \| Cambodian riel \| Indonesian rupiah \| Lao kip \| Malaysian ringgit \| Myanmar kyat \| Philippine peso \| Singapore dollar \| Thai baht \| US Dollar (East Timor) \| Vietnamese đồng
South	Bangladeshi taka \| Bhutanese ngultrum \| Indian rupee \| Maldivian rufiyaa \| Nepalese rupee \| Pakistani rupee \| Sri Lankan rupee
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Rupees
Indian rupee \| Mauritian rupee \| Nepalese rupee \| Pakistani rupee \| Seychelles rupee \| Sri Lankan rupee \| Indonesian rupiah \| Maldivian rufiyaa
Formerly used rupees include: Burmese rupee \| French Indian rupee \| German East African rupie \| Gulf rupee \| Portuguese Indian rupia
History of the rupee