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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.88%
New listings on Bitget: Pi Network
BTC/USDT$82827.04 (-1.97%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.88%
New listings on Bitget: Pi Network
BTC/USDT$82827.04 (-1.97%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
RENEC
LKR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of RENEC(RENEC) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 RENEC at a value of 1 RENEC for 34.52 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.
Bitget crypto-to-fiat exchange data shows that the most popular RENEC currency pair is the RENEC to LKR, with for RENEC's currency code being RENEC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.
RENEC to LKR conversion rate trend
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In the past 1D, RENEC has changed -4.24% to LKR. Based on the trend and price charts, RENEC(RENEC) has changed -4.24% to LKR while Sri Lankan Rupee(LKR) has changed % to RENEC in the last 24 hours.
RENEC to LKR market statistics
RENEC/LKR:
Rs 34.52
RENEC 24h volume:
--
RENEC market cap:
Rs 1,238,993,876.27
RENEC circulating supply:
35.90M RENEC
More info about RENEC on Bitget
Current RENEC to LKR exchange rate
RENEC to Sri Lankan Rupee is falling this week.RENEC's current market price is Rs 34.52 per RENEC, with a total market cap of Rs 1,238,993,876.27 LKR based on a circulating supply of 35,895,004 RENEC. The trading volume of RENEC has changed by 0.00% (Rs 0 LKR) in the last 24 hours. Last trading day, RENEC's trading volume was Rs 0.
RENEC to LKR Conversion tables
The exchange rate of RENEC is decreasing.1 RENEC is currently valued at Rs 34.52 LKR , which means buying 5 RENEC will cost Rs 172.59 LKR . Similarly, Rs1 LKR can be traded for 0.02897 RENEC, and Rs50 LKR can be converted to 1.45 RENEC, excluding any platform or gas fees.
The exchange rate of 1 RENEC to Sri Lankan Rupee has changed by -9.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.24%, reaching a high of 36.05 LKR and a low of 34.51 LKR . One month ago, the value of 1 RENEC was Rs 40.45 LKR , which represents a -14.67% change from its current value. Over the last year, RENEC has changed by , resulting in a change of -61.22% in its value.
-Rs
54.49LKRRENEC to LKR
Amount
22:02 today
0.5 RENEC
Rs17.26
1 RENEC
Rs34.52
5 RENEC
Rs172.59
10 RENEC
Rs345.17
50 RENEC
Rs1,725.86
100 RENEC
Rs3,451.72
500 RENEC
Rs17,258.58
1000 RENEC
Rs34,517.17
LKR to RENEC
Amount22:02 today
0.5LKR0.01449 RENEC
1LKR0.02897 RENEC
5LKR0.1449 RENEC
10LKR0.2897 RENEC
50LKR1.45 RENEC
100LKR2.9 RENEC
500LKR14.49 RENEC
1000LKR28.97 RENEC
RENEC to LKR Today vs. 24 hours ago
| Amount | 22:02 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RENEC | Rs17.26 | Rs18.02 | -4.24% |
| 1 RENEC | Rs34.52 | Rs36.05 | -4.24% |
| 5 RENEC | Rs172.59 | Rs180.23 | -4.24% |
| 10 RENEC | Rs345.17 | Rs360.45 | -4.24% |
| 50 RENEC | Rs1,725.86 | Rs1,802.27 | -4.24% |
| 100 RENEC | Rs3,451.72 | Rs3,604.54 | -4.24% |
| 500 RENEC | Rs17,258.58 | Rs18,022.71 | -4.24% |
| 1000 RENEC | Rs34,517.17 | Rs36,045.43 | -4.24% |
RENEC to LKR Today vs. 1 month ago
| Amount | 22:02 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RENEC | Rs17.26 | Rs20.23 | -14.67% |
| 1 RENEC | Rs34.52 | Rs40.45 | -14.67% |
| 5 RENEC | Rs172.59 | Rs202.26 | -14.67% |
| 10 RENEC | Rs345.17 | Rs404.52 | -14.67% |
| 50 RENEC | Rs1,725.86 | Rs2,022.6 | -14.67% |
| 100 RENEC | Rs3,451.72 | Rs4,045.19 | -14.67% |
| 500 RENEC | Rs17,258.58 | Rs20,225.97 | -14.67% |
| 1000 RENEC | Rs34,517.17 | Rs40,451.94 | -14.67% |
RENEC to LKR Today vs. 1 year ago
| Amount | 22:02 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RENEC | Rs17.26 | Rs44.5 | -61.22% |
| 1 RENEC | Rs34.52 | Rs89 | -61.22% |
| 5 RENEC | Rs172.59 | Rs445.02 | -61.22% |
| 10 RENEC | Rs345.17 | Rs890.04 | -61.22% |
| 50 RENEC | Rs1,725.86 | Rs4,450.19 | -61.22% |
| 100 RENEC | Rs3,451.72 | Rs8,900.38 | -61.22% |
| 500 RENEC | Rs17,258.58 | Rs44,501.89 | -61.22% |
| 1000 RENEC | Rs34,517.17 | Rs89,003.77 | -61.22% |
How to convert RENEC to LKR
Create Your Free Bitget Account
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.
Convert RENEC to LKR
Use a variety of payment options to buy RENEC on Bitget. We'll show you how.
Buy RENEC (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading does not currently support direct buying of RENEC with LKR. However, you can buy USDT in Bitget P2P trading first, and then buy RENEC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RENEC (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading currently does not support direct selling of RENEC to LKR. However, you can first exchange RENEC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of RENEC to LKR?
There are many factors that affect the relationship between RENEC 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 RENEC/LKR. When there is positive news in the market about the widespread adoption of RENEC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RENEC/LKR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RENEC/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.
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 RENEC/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 RENEC and adjust their investment strategies accordingly in the evolving market.
RENEC price prediction
What will the price of RENEC be in 2026?
Based on RENEC's historical price performance prediction model, the price of RENEC is projected to reach $0.1421 in 2026.
What will the price of RENEC be in 2031?
In 2031, the RENEC price is expected to change by +27.00%. By the end of 2031, the RENEC price is projected to reach $0.2831, with a cumulative ROI of +133.26%.
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Popular RENEC Converter
Check out these popular currency conversions of RENEC to several fiat currencies.
RENEC to TWD
1 RENEC to NT$ 3.84 TWD
RENEC to CNY
1 RENEC to ¥ 0.8477 CNY
RENEC to USD
1 RENEC to $ 0.1162 USD
RENEC to EUR
1 RENEC to € 0.1054 EUR
RENEC to CAD
1 RENEC to $ 0.1638 CAD
RENEC to LKR
1 RENEC to Rs 34.52 LKR
RENEC to KRW
1 RENEC to ₩ 168.73 KRW
RENEC to JPY
1 RENEC to ¥ 17 JPY
RENEC to GBP
1 RENEC to £ 0.08883 GBP
RENEC to BRL
1 RENEC to R$ 0.6547 BRL
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Explore other cryptocurrencies based on your interest in RENEC.
ETH to LKR
1 ETH to Rs 535,288.38 LKR
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1 XRP to Rs 610.92 LKR
SOL to LKR
1 SOL to Rs 34,662.81 LKR
BTC to LKR
1 BTC to Rs 24,510,606.1 LKR
PI to LKR
1 PI to Rs 169.48 LKR
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1 BNB to Rs 175,514.11 LKR
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1 TRUMP to Rs 2,725.64 LKR
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1 ADA to Rs 192.46 LKR
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1 SUI to Rs 666.24 LKR
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1 RARE to Rs 20.73 LKR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between RENEC and LKR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as RENEC and LKR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of RENEC in LKR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
