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base info Vemate

Vemate to Sri Lankan Rupee Converter and calculator

Convert 1Vemate (VMT) to Sri Lankan Rupee (LKR) equals Rs 1.23 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Vemate(VMT) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 VMT at a value of 1 VMT for 1.23 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 Vemate currency pair is the VMT to LKR, with for Vemate's currency code being VMT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.

VMT to LKR conversion rate trend

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In the past 1D, Vemate has changed +12.31% to LKR. Based on the trend and price charts, Vemate(VMT) has changed +12.31% to LKR while Sri Lankan Rupee(LKR) has changed % to VMT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rs1.23
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Rs1.23
0.1000% / 0.1000%
Yes
Last updated 2024/12/27 00:00:17(UTC+0)

How to buy Vemate

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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 Vemate (VMT)
Use a variety of payment options to buy Vemate on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of VMT to LKR. However, you can first exchange VMT 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
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What factors influence the conversion rate of Vemate to Sri Lankan Rupee?

Vemate to Sri Lankan Rupee is falling this week.
Vemate's current market price is Rs 1.23 per VMT, with a total market cap of Rs 0 LKR based on a circulating supply of -- VMT. The trading volume of Vemate has changed by +107.12% (Rs 1,615.88 LKR) in the last 24 hours. Last trading day, VMT's trading volume was Rs 1,508.51.
Market cap
$0
24h volume
$10.61809598
Circulating supply
0 VMT

Conversion tables

The exchange rate of Vemate is decreasing.
1 VMT is currently valued at Rs 1.23 LKR , which means buying 5 VMT will cost Rs 6.14 LKR . Similarly, Rs1 LKR can be traded for 0.8147 VMT, and Rs50 LKR can be converted to 40.73 VMT, excluding any platform or gas fees.
The exchange rate of 1 VMT to Sri Lankan Rupee has changed by -7.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.31%, reaching a high of 1.31 LKR and a low of 1.16 LKR . One month ago, the value of 1 VMT was Rs 1.25 LKR , which represents a -1.42% change from its current value. Over the last year, Vemate has changed by
-Rs
0.5356LKR
, resulting in a change of -29.10% in its value.

VMT to LKR

Amount
05:00 am today
0.5 VMT
Rs0.6137
1 VMT
Rs1.23
5 VMT
Rs6.14
10 VMT
Rs12.27
50 VMT
Rs61.37
100 VMT
Rs122.75
500 VMT
Rs613.73
1000 VMT
Rs1,227.45

LKR to VMT

Amount05:00 am today
0.5LKR0.4073  VMT
1LKR0.8147  VMT
5LKR4.07  VMT
10LKR8.15  VMT
50LKR40.73  VMT
100LKR81.47  VMT
500LKR407.35  VMT
1000LKR814.69  VMT

Today vs. 24 hours ago

Amount05:00 am today24 hours ago24h change
0.5 VMT$0.002086$0.001843
+12.31%
1 VMT$0.004171$0.003685
+12.31%
5 VMT$0.02086$0.01843
+12.31%
10 VMT$0.04171$0.03685
+12.31%
50 VMT$0.2086$0.1843
+12.31%
100 VMT$0.4171$0.3685
+12.31%
500 VMT$2.09$1.84
+12.31%
1000 VMT$4.17$3.69
+12.31%

Today vs. 1 month ago

Amount05:00 am today1 month ago1M change
0.5 VMT$0.002086$0.002118
-1.42%
1 VMT$0.004171$0.004235
-1.42%
5 VMT$0.02086$0.02118
-1.42%
10 VMT$0.04171$0.04235
-1.42%
50 VMT$0.2086$0.2118
-1.42%
100 VMT$0.4171$0.4235
-1.42%
500 VMT$2.09$2.12
-1.42%
1000 VMT$4.17$4.24
-1.42%

Today vs. 1 year ago

Amount05:00 am today1 year ago1Y change
0.5 VMT$0.002086$0.002996
-29.10%
1 VMT$0.004171$0.005992
-29.10%
5 VMT$0.02086$0.02996
-29.10%
10 VMT$0.04171$0.05992
-29.10%
50 VMT$0.2086$0.2996
-29.10%
100 VMT$0.4171$0.5992
-29.10%
500 VMT$2.09$3
-29.10%
1000 VMT$4.17$5.99
-29.10%

Vemate price prediction

What will the price of VMT be in 2025?

Based on VMT's historical price performance prediction model, the price of VMT is projected to reach $0.005608 in 2025.

What will the price of VMT be in 2030?

In 2030, the VMT price is expected to change by -5.00%. By the end of 2030, the VMT price is projected to reach $0.01111, with a cumulative ROI of +159.28%.

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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 Vemate 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 Vemate 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 Vemate 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.