In Sri Lanka, cash is the primary method of payment. Bank cards and mobile payment methods are also accepted in some situations.
1.Rupee
The official currency of Sri Lanka is the Sri Lankan Rupee (LKR). The currency in circulation mainly consists of banknotes and coins. Commonly used banknotes are in denominations of 20, 50, 100, 500, 1,000, 2,000, and 5,000 rupees. Frequently used coins include 1, 2, 5, 10, 20, and 50 cents, as well as 1, 2, 5, and 10 rupees.
2.Exchange Rate
It is important to know the exchange rate between the Sri Lankan Rupee and your home currency. To exchange money at the most favorable rate, you should frequently check the real-time currency fluctuations.
3.Currency Exchange
You can exchange Sri Lankan Rupees in your home country before departure, or first exchange your currency to US dollars and then convert to Rupees in Sri Lanka.
After arriving in Sri Lanka, you can exchange money at airport currency counters, banks, ATMs, or authorized currency exchange offices.
Be sure to choose reputable exchange points and pay attention to the exchange rates and any service fees.
4.Payment Methods
Cash: Cash remains the primary method of payment in Sri Lanka, especially in remote areas and at smaller shops.
Bank Cards: Bank cards can be used for transactions in major cities and shopping centers.
Mobile Payments: Mobile payment is gradually being adopted in Sri Lanka and is now available in many transaction scenarios across the country.
