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base info FAVOR

FAVOR to Sri Lankan Rupee Converter and calculator

Convert 1FAVOR (FAVR) to Sri Lankan Rupee (LKR) equals Rs 0.08294 | Bitget
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Last updated 2024/12/23 13:59:11 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of FAVOR(FAVR) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 FAVR at a value of 1 FAVR for 0.08 LKR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

LKR information

About Sri Lankan Rupee (LKR)

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.

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Bitget crypto-to-fiat exchange data shows that the most popular FAVOR currency pair is the FAVR to LKR, with for FAVOR's currency code being FAVR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

FAVR to LKR conversion rate trend

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Live FAVOR (FAVR) price chart
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In the past 1D, FAVOR has changed -37.09% to LKR. Based on the trend and price charts, FAVOR(FAVR) has changed -37.09% to LKR while Sri Lankan Rupee(LKR) has changed +58.95% to FAVR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs1.93
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/13 00:00:10(UTC+0)

How to buy FAVOR

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy FAVOR (FAVR)
Use a variety of payment options to buy FAVOR on Bitget. We'll show you how.

Buy FAVR (or USDT) for LKR (Sri Lankan Rupee) offers

Bitget P2P trading does not currently support direct buying of FAVR with LKR. However, you can buy USDT in Bitget P2P trading first, and then buy FAVR with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell FAVR (or USDT) for LKR (Sri Lankan Rupee) offers

Bitget P2P trading currently does not support direct selling of FAVR to LKR. However, you can first exchange FAVR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of FAVOR to Sri Lankan Rupee?

FAVOR to Sri Lankan Rupee is falling this week.
FAVOR's current market price is Rs 0.08294 per FAVR, with a total market cap of Rs 0 LKR based on a circulating supply of -- FAVR. The trading volume of FAVOR has changed by +7.90% (Rs 119,264.56 LKR) in the last 24 hours. Last trading day, FAVR's trading volume was Rs 1,509,410.51.
Market cap
$0
24h volume
$5.49K
Circulating supply
0 FAVR

Conversion tables

The exchange rate of FAVOR is decreasing.
1 FAVR is currently valued at Rs 0.08294 LKR , which means buying 5 FAVR will cost Rs 0.4147 LKR . Similarly, Rs1 LKR can be traded for 12.06 FAVR, and Rs50 LKR can be converted to 602.81 FAVR, excluding any platform or gas fees.
The exchange rate of 1 FAVR to Sri Lankan Rupee has changed by -89.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -37.09%, reaching a high of 0.1787 LKR and a low of 0.03819 LKR . One month ago, the value of 1 FAVR was Rs 1.53 LKR , which represents a -94.58% change from its current value. Over the last year, FAVOR has changed by
-Rs
6.65LKR
, resulting in a change of -98.77% in its value.

FAVR to LKR

Amount
13:59 today
0.5 FAVR
Rs0.04147
1 FAVR
Rs0.08294
5 FAVR
Rs0.4147
10 FAVR
Rs0.8294
50 FAVR
Rs4.15
100 FAVR
Rs8.29
500 FAVR
Rs41.47
1000 FAVR
Rs82.94

LKR to FAVR

Amount13:59 today
0.5LKR6.03  FAVR
1LKR12.06  FAVR
5LKR60.28  FAVR
10LKR120.56  FAVR
50LKR602.81  FAVR
100LKR1,205.63  FAVR
500LKR6,028.14  FAVR
1000LKR12,056.29  FAVR

Today vs. 24 hours ago

Amount13:59 today24 hours ago24h change
0.5 FAVR$0.0001399$0.0002224
-37.09%
1 FAVR$0.0002798$0.0004447
-37.09%
5 FAVR$0.001399$0.002224
-37.09%
10 FAVR$0.002798$0.004447
-37.09%
50 FAVR$0.01399$0.02224
-37.09%
100 FAVR$0.02798$0.04447
-37.09%
500 FAVR$0.1399$0.2224
-37.09%
1000 FAVR$0.2798$0.4447
-37.09%

Today vs. 1 month ago

Amount13:59 today1 month ago1M change
0.5 FAVR$0.0001399$0.002583
-94.58%
1 FAVR$0.0002798$0.005166
-94.58%
5 FAVR$0.001399$0.02583
-94.58%
10 FAVR$0.002798$0.05166
-94.58%
50 FAVR$0.01399$0.2583
-94.58%
100 FAVR$0.02798$0.5166
-94.58%
500 FAVR$0.1399$2.58
-94.58%
1000 FAVR$0.2798$5.17
-94.58%

Today vs. 1 year ago

Amount13:59 today1 year ago1Y change
0.5 FAVR$0.0001399$0.01136
-98.77%
1 FAVR$0.0002798$0.02272
-98.77%
5 FAVR$0.001399$0.1136
-98.77%
10 FAVR$0.002798$0.2272
-98.77%
50 FAVR$0.01399$1.14
-98.77%
100 FAVR$0.02798$2.27
-98.77%
500 FAVR$0.1399$11.36
-98.77%
1000 FAVR$0.2798$22.72
-98.77%

FAVOR price prediction

What will the price of FAVR be in 2025?

Based on FAVR's historical price performance prediction model, the price of FAVR is projected to reach $0.004646 in 2025.

What will the price of FAVR be in 2030?

In 2030, the FAVR price is expected to change by +3.00%. By the end of 2030, the FAVR price is projected to reach $0.008547, with a cumulative ROI of +1838.60%.

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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.