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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.54%
BTC/USDT$79046.01 (-4.78%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (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 share62.54%
BTC/USDT$79046.01 (-4.78%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
POLK
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 Polkamarkets(POLK) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 POLK at a value of 1 POLK for 1.77 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 Polkamarkets currency pair is the POLK to LKR, with for Polkamarkets's currency code being POLK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.
POLK to LKR conversion rate trend
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In the past 1D, Polkamarkets has changed -7.20% to LKR. Based on the trend and price charts, Polkamarkets(POLK) has changed -7.20% to LKR while Sri Lankan Rupee(LKR) has changed % to POLK in the last 24 hours.
POLK to LKR market statistics
POLK/LKR:
Rs 1.77
POLK 24h volume:
Rs 2,257,150.55
POLK market cap:
Rs 158,828,205.24
POLK circulating supply:
89.61M POLK
More info about Polkamarkets on Bitget
Current POLK to LKR exchange rate
Polkamarkets to Sri Lankan Rupee is falling this week.Polkamarkets's current market price is Rs 1.77 per POLK, with a total market cap of Rs 158,828,205.24 LKR based on a circulating supply of 89,608,570 POLK. The trading volume of Polkamarkets has changed by -5.78% (Rs -138,354.81 LKR) in the last 24 hours. Last trading day, POLK's trading volume was Rs 2,395,505.36.
POLK to LKR Conversion tables
The exchange rate of Polkamarkets is decreasing.1 POLK is currently valued at Rs 1.77 LKR , which means buying 5 POLK will cost Rs 8.86 LKR . Similarly, Rs1 LKR can be traded for 0.5642 POLK, and Rs50 LKR can be converted to 28.21 POLK, excluding any platform or gas fees.
The exchange rate of 1 POLK to Sri Lankan Rupee has changed by -19.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.20%, reaching a high of 1.95 LKR and a low of 1.77 LKR . One month ago, the value of 1 POLK was Rs 2.59 LKR , which represents a -31.55% change from its current value. Over the last year, Polkamarkets has changed by , resulting in a change of -85.33% in its value.
-Rs
10.35LKRPOLK to LKR
Amount
21:46 today
0.5 POLK
Rs0.8862
1 POLK
Rs1.77
5 POLK
Rs8.86
10 POLK
Rs17.72
50 POLK
Rs88.62
100 POLK
Rs177.25
500 POLK
Rs886.23
1000 POLK
Rs1,772.47
LKR to POLK
Amount21:46 today
0.5LKR0.2821 POLK
1LKR0.5642 POLK
5LKR2.82 POLK
10LKR5.64 POLK
50LKR28.21 POLK
100LKR56.42 POLK
500LKR282.09 POLK
1000LKR564.19 POLK
POLK to LKR Today vs. 24 hours ago
| Amount | 21:46 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 POLK | Rs0.8862 | Rs0.9552 | -7.20% |
| 1 POLK | Rs1.77 | Rs1.91 | -7.20% |
| 5 POLK | Rs8.86 | Rs9.55 | -7.20% |
| 10 POLK | Rs17.72 | Rs19.1 | -7.20% |
| 50 POLK | Rs88.62 | Rs95.52 | -7.20% |
| 100 POLK | Rs177.25 | Rs191.05 | -7.20% |
| 500 POLK | Rs886.23 | Rs955.25 | -7.20% |
| 1000 POLK | Rs1,772.47 | Rs1,910.49 | -7.20% |
POLK to LKR Today vs. 1 month ago
| Amount | 21:46 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 POLK | Rs0.8862 | Rs1.3 | -31.55% |
| 1 POLK | Rs1.77 | Rs2.59 | -31.55% |
| 5 POLK | Rs8.86 | Rs12.96 | -31.55% |
| 10 POLK | Rs17.72 | Rs25.92 | -31.55% |
| 50 POLK | Rs88.62 | Rs129.61 | -31.55% |
| 100 POLK | Rs177.25 | Rs259.22 | -31.55% |
| 500 POLK | Rs886.23 | Rs1,296.09 | -31.55% |
| 1000 POLK | Rs1,772.47 | Rs2,592.18 | -31.55% |
POLK to LKR Today vs. 1 year ago
| Amount | 21:46 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 POLK | Rs0.8862 | Rs6.06 | -85.33% |
| 1 POLK | Rs1.77 | Rs12.12 | -85.33% |
| 5 POLK | Rs8.86 | Rs60.61 | -85.33% |
| 10 POLK | Rs17.72 | Rs121.22 | -85.33% |
| 50 POLK | Rs88.62 | Rs606.12 | -85.33% |
| 100 POLK | Rs177.25 | Rs1,212.24 | -85.33% |
| 500 POLK | Rs886.23 | Rs6,061.2 | -85.33% |
| 1000 POLK | Rs1,772.47 | Rs12,122.4 | -85.33% |
How to convert POLK to LKR
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert POLK to LKR
Use a variety of payment options to buy Polkamarkets on Bitget. We'll show you how.
Buy POLK (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading does not currently support direct buying of POLK with LKR. However, you can buy USDT in Bitget P2P trading first, and then buy POLK 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 POLK (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading currently does not support direct selling of POLK to LKR. However, you can first exchange POLK for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of POLK to LKR?
There are many factors that affect the relationship between Polkamarkets 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 POLK/LKR. When there is positive news in the market about the widespread adoption of POLK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of POLK/LKR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in POLK/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 POLK/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 Polkamarkets and adjust their investment strategies accordingly in the evolving market.
Polkamarkets price prediction
What will the price of POLK be in 2026?
Based on POLK's historical price performance prediction model, the price of POLK is projected to reach $0.007526 in 2026.
What will the price of POLK be in 2031?
In 2031, the POLK price is expected to change by +30.00%. By the end of 2031, the POLK price is projected to reach $0.02053, with a cumulative ROI of +218.58%.
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Popular Polkamarkets Converter
Check out these popular currency conversions of Polkamarkets to several fiat currencies.
POLK to TWD
1 POLK to NT$ 0.1981 TWD
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1 POLK to ¥ 0.04352 CNY
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1 POLK to $ 0.005969 USD
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1 POLK to € 0.005474 EUR
POLK to CAD
1 POLK to $ 0.008510 CAD
POLK to LKR
1 POLK to Rs 1.77 LKR
POLK to KRW
1 POLK to ₩ 8.71 KRW
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1 POLK to ¥ 0.8706 JPY
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1 POLK to £ 0.004634 GBP
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1 POLK to R$ 0.03488 BRL
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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 Polkamarkets 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 Polkamarkets 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 Polkamarkets 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.
