OBSR
LKR
Last updated 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 Observer(OBSR) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 OBSR at a value of 1 OBSR for 0.54 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 Observer currency pair is the OBSR to LKR, with for Observer's currency code being OBSR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.
OBSR to LKR conversion rate trend
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In the past 1D, Observer has changed -6.47% to LKR. Based on the trend and price charts, Observer(OBSR) has changed -6.47% to LKR while Sri Lankan Rupee(LKR) has changed % to OBSR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Rs0.5440 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:30:44(UTC+0)
How to buy Observer
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Observer (OBSR)
Use a variety of payment options to buy Observer on Bitget. We'll show you how.
Buy OBSR (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading does not currently support direct buying of OBSR with LKR. However, you can buy USDT in Bitget P2P trading first, and then buy OBSR 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 OBSR (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading currently does not support direct selling of OBSR to LKR. However, you can first exchange OBSR 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 Observer to Sri Lankan Rupee?
Observer to Sri Lankan Rupee is falling this week.Observer's current market price is Rs 0.5385 per OBSR, with a total market cap of Rs 3,288,461,797.76 LKR based on a circulating supply of 6,107,080,700 OBSR. The trading volume of Observer has changed by +191.33% (Rs 1,035,754,317.51 LKR) in the last 24 hours. Last trading day, OBSR's trading volume was Rs 541,343,025.55.
Market cap
$11.25M
24h volume
$5.39M
Circulating supply
6.11B OBSR
Conversion tables
The exchange rate of Observer is increasing.1 OBSR is currently valued at Rs 0.5385 LKR , which means buying 5 OBSR will cost Rs 2.69 LKR . Similarly, Rs1 LKR can be traded for 1.86 OBSR, and Rs50 LKR can be converted to 92.86 OBSR, excluding any platform or gas fees.
The exchange rate of 1 OBSR to Sri Lankan Rupee has changed by -11.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.47%, reaching a high of 0.6147 LKR and a low of 0.5286 LKR . One month ago, the value of 1 OBSR was Rs 0.5031 LKR , which represents a +7.03% change from its current value. Over the last year, Observer has changed by , resulting in a change of -9.74% in its value.
-Rs
0.05809LKROBSR to LKR
Amount
19:38 today
0.5 OBSR
Rs0.2692
1 OBSR
Rs0.5385
5 OBSR
Rs2.69
10 OBSR
Rs5.38
50 OBSR
Rs26.92
100 OBSR
Rs53.85
500 OBSR
Rs269.23
1000 OBSR
Rs538.47
LKR to OBSR
Amount19:38 today
0.5LKR0.9286 OBSR
1LKR1.86 OBSR
5LKR9.29 OBSR
10LKR18.57 OBSR
50LKR92.86 OBSR
100LKR185.71 OBSR
500LKR928.56 OBSR
1000LKR1,857.12 OBSR
Today vs. 24 hours ago
| Amount | 19:38 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OBSR | $0.0009207 | $0.0009844 | -6.47% |
| 1 OBSR | $0.001841 | $0.001969 | -6.47% |
| 5 OBSR | $0.009207 | $0.009844 | -6.47% |
| 10 OBSR | $0.01841 | $0.01969 | -6.47% |
| 50 OBSR | $0.09207 | $0.09844 | -6.47% |
| 100 OBSR | $0.1841 | $0.1969 | -6.47% |
| 500 OBSR | $0.9207 | $0.9844 | -6.47% |
| 1000 OBSR | $1.84 | $1.97 | -6.47% |
Today vs. 1 month ago
| Amount | 19:38 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OBSR | $0.0009207 | $0.0008602 | +7.03% |
| 1 OBSR | $0.001841 | $0.001720 | +7.03% |
| 5 OBSR | $0.009207 | $0.008602 | +7.03% |
| 10 OBSR | $0.01841 | $0.01720 | +7.03% |
| 50 OBSR | $0.09207 | $0.08602 | +7.03% |
| 100 OBSR | $0.1841 | $0.1720 | +7.03% |
| 500 OBSR | $0.9207 | $0.8602 | +7.03% |
| 1000 OBSR | $1.84 | $1.72 | +7.03% |
Today vs. 1 year ago
| Amount | 19:38 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OBSR | $0.0009207 | $0.001020 | -9.74% |
| 1 OBSR | $0.001841 | $0.002040 | -9.74% |
| 5 OBSR | $0.009207 | $0.01020 | -9.74% |
| 10 OBSR | $0.01841 | $0.02040 | -9.74% |
| 50 OBSR | $0.09207 | $0.1020 | -9.74% |
| 100 OBSR | $0.1841 | $0.2040 | -9.74% |
| 500 OBSR | $0.9207 | $1.02 | -9.74% |
| 1000 OBSR | $1.84 | $2.04 | -9.74% |
Observer price prediction
What will the price of OBSR be in 2025?
Based on OBSR's historical price performance prediction model, the price of OBSR is projected to reach $0.002055 in 2025.
What will the price of OBSR be in 2030?
In 2030, the OBSR price is expected to change by +1.00%. By the end of 2030, the OBSR price is projected to reach $0.003799, with a cumulative ROI of +107.50%.
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Popular Observer conversions
Check out these popular currency conversions of Observer to several fiat currencies.
Observer to USD
1 OBSR to $ 0.001841 USD
Observer to GBP
1 OBSR to £ 0.001466 GBP
Observer to EUR
1 OBSR to € 0.001765 EUR
Observer to KRW
1 OBSR to ₩ 2.66 KRW
Observer to CAD
1 OBSR to $ 0.002644 CAD
Observer to AUD
1 OBSR to $ 0.002941 AUD
Observer to JPY
1 OBSR to ¥ 0.2881 JPY
Observer to BRL
1 OBSR to R$ 0.01121 BRL
Observer to CNY
1 OBSR to ¥ 0.01344 CNY
Observer to TWD
1 OBSR to NT$ 0.06009 TWD
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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 Observer 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 Observer 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 Observer 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.
