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Frequently Asked Questions (FAQs) LKR-EUR

Is it recommendable to make an online reservation of Sri Lankan rupees for euros in Spain? Abrir Respuesta

If you need to ensure the Sri Lankan rupees to euro price for your vacation in Spain, Cambiator recommends you to place an online order on the Internet site of your preferred currency provider.

Furthermore, by doing so you skip the possible fees that some holiday money suppliers in Spain charge you when you change Sri Lankan rupees for euros directly in one of their offices.

In Spain if you reserve online on your bank's App or online store, you will still be charged their travel money fee of around 2 to 3%, and you will pay at the exchange rates of the day of collection, not those of the day of the online reservation.

Is it safe to change rupees from Sri Lanka to euros online in Spain? Abrir Respuesta

In Spain, today you can absolutely change your rupees from Sri Lanka to euros online. In addition to being a very comfortable service since you change your rupees from Sri Lanka whenever you want, you save fees.

When is the best time to change rupees to euros in Spain? Abrir Respuesta

The Sri Lankan rupee to euro rate fluctuates day to day. The currencies of countries with more stable economies change less, and vice-versa. Nevertheless it is also necessary to bear in mind situations such as the Ukraine war or Brexit, major sporting events or economic crisis, which can affect the travel money rates of a specific currency, like the Sri Lankan rupee, from one day to the next.

In any case, most currency suppliers and banks usually revise the rate at which they buy or sell rupees once a day, early in the morning.

Cambiator always has its prices updated, so that you browse the best data available on exchange rates.

Is there a limit to the amount of rupees that I can change online in Spain when I change rupees to euros? Abrir Respuesta

The median rupees to euro currency exhange in Spain of an end customer who exchanges rupees to euros is normally around the equivalent to seven hundred euros.

If you have to change rupees for more than 5,999 € in value, the mandatory documents that your travel money provider will demand from you will be additional. In other words, they may ask you to demonstrate the source of your rupees or your employment contract, etc.

But up to the equivalent in rupees of 5900 euros per calendar quarter, the Spanish currency providers do not generally ask you for more than the Spanish identity card called DNI or NIE to change rupees to euros.

Am I obliged to carry with me any kind of document to do a LKR-EUR currency exchange? Abrir Respuesta

To change Sri Lankan rupees to Euros online in Spain you have to show a passport or a resident´s identity card called DNI or NIE. These cards allow you to identify yourself when ordering euros with your Sri Lankan rupees personally or online.

Where to change and where not to sell rupees to euros in Spain Abrir Respuesta

Cambiator does not recommend changing rupees to euros at the airport. This should be your last alternative, as it is the least cheap.

We also do not recommend doing a LKR-EUR currency exchange in a Spanish bank because almost all Spanish banks charge you a three per cent commission, with a minimum (whichever is higher) quantity between 6 and 10 euros. Lest you have the power to negotiate with them removing this fee.

How will I get the best LKR-EUR exchange rate today here? Abrir Respuesta

Knowing the best exchange rate to change rupees from Sri Lanka to Euros today in Spain is as easy as heading to Cambiator.es and selecting the desired currency in our currency purchase widget, tab Sell Currency.

Bear in mind that the rates and conditions to change rupees from Sri Lanka to euros that you see on our website are guaranteed to be better than the prices you will obtain if you go directly to the currency provider.

We do not recommend exchanging foreign currencies at a Spanish bank. They impose you a commission of around 2 to 3per cent as well as a margin.

Exchanging foreign currency at the airport is not recommended at all when selling rupees from Sri Lanka to euros.

I have previously exchanged Euros to rupees, what can I do with my leftover rupees on my way back from a holiday? Abrir Respuesta

If you have rupees left over once your travels are over, go to our Sell your currency tab, enter the Sri Lankan rupee amount you have (banknotes only, not loose coins) and select your city. We will display the closest foreign currency supplier´s outlets that will buy your extra rupees from you and the quantity of Euros they will give you in exchange.

Keep in mind that they will uniquely purchase you rupees notes but not loose coins.

Where can I sell rupees LKR in exchange for euros in Spain today? Abrir Respuesta

Citizens only remember their bank when they sell rupees LKR to euros. Yet we suggest that you weigh in the option of currency suppliers. And this is because practically all banks in Spain apply on you a fixed fee of 3% (with a minimum of between 6 and 10 euros) as well as a margin on the rupees LKR that you sell them in exchange for euros.

For their part, the foreign exchange providers that announce no commission are more interesting to your purse since they do not charge you this commission.

We compare any time for you the LKR-EUR currency exchange prices in your location so that you can choose the option that best suits you.

How does the LKR to EUR currency exchange work? Abrir Respuesta

To understand how currency exchange works, think of any retail shop that sells a product to you as a consumer. The business purchases wares from a provider named wholesaler at a purchase price, to which it sums up a profit margin.

The difference between the sell price at which the consumer buys in that branch (eg your rupees from Sri Lanka) and what it cost the store to get those rupees from Sri Lanka is the profit it obtains in that foreign exchange.

Nevertheless there is a distinction in foreign exchange with other businesses. In principle, foreign currency banknotes (rupees from Sri Lanka in this case) rotate from consumer to consumer, that is, they are not consumed.

Consequently, it may be the case that a currency supplier or a bank acquires rupees from Sri Lanka from a tourist who enters Spain (earning a margin) and those same rupees from Sri Lanka become yours when you obtain that currency (new profit margin).

Other popular currencies

Best rate of the day (change currency to euros)

Dollar
1 USD = 0.914 EUR
Pound
1 GBP = 1.14 EUR
Czech Koruna
1 CZK = 0.038 EUR
Turkish Lira
1 TRY = 0.027 EUR
Swedish Krona
1 SEK = 0.073 EUR
Norwegian Krone
1 NOK = 0.07 EUR
Australian Dollar
1 AUD = 0.579 EUR
Canadian Dollar
1 CAD = 0.65 EUR
Brazilian Reals
1 BRL = 0.167 EUR
Colombian Pesos
1 COP = 0 EUR
See all