Exchange rate trend in last week: Sri Lankan Rupees to US Dollar (14-16 May, 2025)
Exchange rate trend in last week: Sri Lankan Rupees to US Dollar (14-16 May, 2025) (Analysis by Deveconomics) The average exchange rate last week (14 May 2025 to 16 May 2025- 2 public holidays were in last week) was Rs.298.71/USD. The recorded maximum value was Rs.298.92/USD, and the recorded minimum was Rs.298.51/USD. The gap between the maximum and minimum values was 0.41. The average value of the exchange rate in the previous week (ending on 09 May 2025) was Rs 299.45/USD, and the gap between the minimum and maximum values was 0.23. Although there is no visible change in the weekly average value of the exchange rate last week in comparison to the previous week, the Sri Lankan Rupee has become strong marginally. However, in comparison to the previous week, the gap between maximum and minimum values has widened by 82 per cent. The average daily exchange rate for a one-year period from 15.05.2024 to 16.05.2025 was Rs.297.82/USD. A period of a month is considered f...