Convert AUD to LKR - Australian dollar to Sri Lankan rupee Exchange Rate | FX LeadersFX Leaders
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WHAT IMPACTS THE AUD/LKR EXCHANGE RATE
The AUD/LKR symbol represents the currency pairing of the Australian dollar against the Sri Lankan rupee in the forex market - a volatile pair that requires considerable expertise to trade, but offers plenty of opportunities to generate profits as well. The Australian dollar is one of the most popular commodity currencies - Australia is an exporter of key commodities such as gold, iron ore and coal, and any fluctuations in the price of these commodities drives volatility in the AUD.Like Australia, the Sri Lankan economy is also dependent on exports, especially agricultural exports such as tea, spices and rubber. Fluctuations in the prices of these commodities as well as those of exotic woods - important exports from the country, also drive price action in this currency pair. For instance, a weakness in iron ore prices can cause the value of the AUD to decline, causing the AUD/LKR to trade bearish, and vice versa.The exchange rate of the AUD/LKR forex pair experiences maximum volatility during a risk-on market sentiment, when traders have a higher risk appetite and move away from the safety of currencies like the USD, JPY and CHF, and turn to riskier currencies like the AUD as well as the LKR.
AUD to LKR CONVERSION RATES
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<% amount / currencies.converter.rate |toFixed: 4 %> AUD
AUD to LKR CHARTS
AUD/LKR Live Chart
AUD/LKR Historical Chart
AUD to LKR EXCHANGE RATE - FAQ
What economic events influence the exchange rate of AUD/LKR?

The AUD/LKR's exchange rate experiences fluctuations on the release of important data out of Australia and Sri Lanka, including GDP, inflation, trade balance, PMI readings from manufacturing and services sectors, and PPI.

What is a good time to trade AUD/LKR?

The AUD/LKR forex pair currency rate sees significant movement during the Asian trading session when most market moving events from Australia and Sri Lanka release. This pair is most active between 11:00 PM and 08:00 AM GMT.

How do central bank decisions affect the AUD/LKR currency rate?

The AUD and the LKR see changes in value on the release of monetary policy and interest rate announcements from the Reserve Bank of Australia and the Central Bank of Sri Lanka respectively. For instance, if the RBA cuts interest rates or adopts a more dovish outlook towards its monetary policy, the AUD weakens, causing the AUD/LKR to trade bearish, and vice versa.