Currency exchange rate Sri Lanka Rupee against the Magi. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Sri Lanka Rupee currency exchange rate against the Magi currency:
currency exchange rate history, background information, prediction and more about LKR/XMG

Chart of History of changes in the LKR/XMG exchange rate

LKR/XMG exchange rate on today

06 15, 2020
1 LKR = 0.27671318 XMG
▼ -0.35 %

This page provides information about the currency pair Sri Lanka Rupee/Magi, and more precisely about how much 1 Sri Lanka Rupee costs in Magi.

Data on the currency pair LKR/XMG are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair LKR/XMG and make a balanced decision about buying and selling the currency you are interested in.

The page also provides information about the dynamics of the exchange rate of Sri Lanka Rupee/Magi, statistics and prediction of the exchange rate of these currencies in the near future from our experts.

How to make a forecast for currencies and cryptocurrencies?

There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:

  1. Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.

  2. Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.

  3. Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.

  4. Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.

In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.

Change in the LKR/XMG exchange rate over the past 30 days

For the last 30 days (05 17, 2020 — 06 15, 2020) the Sri Lanka Rupee exchange rate against the Magi currency changed by -7.96% (0.3006572 XMG — 0.27671318 XMG)

Change in the LKR/XMG exchange rate over the past 90 days

For the last 90 days (04 10, 2020 — 06 15, 2020) the Sri Lanka Rupee exchange rate against the Magi currency changed by -25.57% (0.37175554 XMG — 0.27671318 XMG)

Change in the LKR/XMG exchange rate over the past 365 days

For the last 365 days (04 10, 2020 — 06 15, 2020) the Sri Lanka Rupee exchange rate against the Magi currency changed by -25.57% (0.37175554 XMG — 0.27671318 XMG)

Change in the LKR/XMG exchange rate for all time

For all the time our site has been running (04 10, 2020 — 06 15, 2020) the Sri Lanka Rupee exchange rate against the Magi currency changed by -25.57% (0.37175554 XMG — 0.27671318 XMG)

Sri Lanka Rupee/Magi price prediction

Sri Lanka Rupee/Magi price prediction for the next 30 days*

14/05 0.27671315 XMG ▼ -0 %
15/05 0.26206793 XMG ▼ -5.29 %
16/05 0.25050858 XMG ▼ -4.41 %
17/05 0.24997031 XMG ▼ -0.21 %
18/05 0.25068463 XMG ▲ 0.29 %
19/05 0.25171575 XMG ▲ 0.41 %
20/05 0.25288509 XMG ▲ 0.46 %
21/05 0.25288509 XMG ▲ 0 %
22/05 0.25282516 XMG ▼ -0.02 %
23/05 0.25254647 XMG ▼ -0.11 %
24/05 0.24089965 XMG ▼ -4.61 %
25/05 0.26068172 XMG ▲ 8.21 %
26/05 0.25708513 XMG ▼ -1.38 %
27/05 0.2568718 XMG ▼ -0.08 %
28/05 0.25687179 XMG ▼ -0 %
29/05 0.25850481 XMG ▲ 0.64 %
30/05 0.25080711 XMG ▼ -2.98 %
31/05 0.26228077 XMG ▲ 4.57 %
01/06 0.26263899 XMG ▲ 0.14 %
02/06 0.26371296 XMG ▲ 0.41 %
03/06 0.26320159 XMG ▼ -0.19 %
04/06 0.26320156 XMG ▼ -0 %
05/06 0.26092634 XMG ▼ -0.86 %
06/06 0.25816492 XMG ▼ -1.06 %
07/06 0.25944338 XMG ▲ 0.5 %
08/06 0.25915009 XMG ▼ -0.11 %
09/06 0.25831844 XMG ▼ -0.32 %
10/06 0.25874929 XMG ▲ 0.17 %
11/06 0.25874926 XMG ▼ -0 %
12/06 0.25874937 XMG ▲ 0 %

* — Price prediction of the Sri Lanka Rupee/Magi currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.

Sri Lanka Rupee/Magi price prediction for the next 3 months*

20/05 — 26/05 0.28200611 XMG ▲ 1.91 %
27/05 — 02/06 0.2614776 XMG ▼ -7.28 %
03/06 — 09/06 0.24706447 XMG ▼ -5.51 %
10/06 — 16/06 0.19162869 XMG ▼ -22.44 %
17/06 — 23/06 0.18462621 XMG ▼ -3.65 %
24/06 — 30/06 0.19480595 XMG ▲ 5.51 %
01/07 — 07/07 0.18648771 XMG ▼ -4.27 %
08/07 — 14/07 0.18669317 XMG ▲ 0.11 %
15/07 — 21/07 0.18764088 XMG ▲ 0.51 %
22/07 — 28/07 0.18660235 XMG ▼ -0.55 %

Sri Lanka Rupee/Magi price prediction for the next year*

06/2024 0.25020133 XMG ▼ -9.58 %
07/2024 0.21314728 XMG ▼ -14.81 %
08/2024 0.21233122 XMG ▼ -0.38 %

Sri Lanka Rupee/Magi exchange rate statistics

For 30 days
Minimum 0.27473097 XMG
Maximum 0.30065725 XMG
Weighted Average 0.27890551 XMG
For 90 days
Minimum 0.27400841 XMG
Maximum 0.37917504 XMG
Weighted Average 0.30286545 XMG
For 365 days
Minimum 0.27400841 XMG
Maximum 0.37917504 XMG
Weighted Average 0.30286545 XMG

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department