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*

20/05 0.27671314 XMG ▼ -0 %
21/05 0.26011908 XMG ▼ -6 %
22/05 0.25128802 XMG ▼ -3.4 %
23/05 0.25074583 XMG ▼ -0.22 %
24/05 0.25170835 XMG ▲ 0.38 %
25/05 0.25231952 XMG ▲ 0.24 %
26/05 0.252951 XMG ▲ 0.25 %
27/05 0.252951 XMG ▲ 0 %
28/05 0.25288834 XMG ▼ -0.02 %
29/05 0.25259342 XMG ▼ -0.12 %
30/05 0.23655238 XMG ▼ -6.35 %
31/05 0.25056672 XMG ▲ 5.92 %
01/06 0.24807177 XMG ▼ -1 %
02/06 0.24785582 XMG ▼ -0.09 %
03/06 0.24785582 XMG ▼ -0 %
04/06 0.24906535 XMG ▲ 0.49 %
05/06 0.24454182 XMG ▼ -1.82 %
06/06 0.25152461 XMG ▲ 2.86 %
07/06 0.25179761 XMG ▲ 0.11 %
08/06 0.25291329 XMG ▲ 0.44 %
09/06 0.25220664 XMG ▼ -0.28 %
10/06 0.2522066 XMG ▼ -0 %
11/06 0.25023466 XMG ▼ -0.78 %
12/06 0.24727151 XMG ▼ -1.18 %
13/06 0.24829031 XMG ▲ 0.41 %
14/06 0.24790595 XMG ▼ -0.15 %
15/06 0.24730117 XMG ▼ -0.24 %
16/06 0.24764231 XMG ▲ 0.14 %
17/06 0.24764228 XMG ▼ -0 %
18/06 0.24764244 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 0.28429835 XMG ▲ 2.74 %
27/05 — 02/06 0.26564148 XMG ▼ -6.56 %
03/06 — 09/06 0.24610353 XMG ▼ -7.36 %
10/06 — 16/06 0.20547408 XMG ▼ -16.51 %
17/06 — 23/06 0.20158633 XMG ▼ -1.89 %
24/06 — 30/06 0.21192024 XMG ▲ 5.13 %
01/07 — 07/07 0.2035221 XMG ▼ -3.96 %
08/07 — 14/07 0.20374921 XMG ▲ 0.11 %
15/07 — 21/07 0.20452018 XMG ▲ 0.38 %
22/07 — 28/07 0.20338561 XMG ▼ -0.55 %

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

06/2024 0.25105727 XMG ▼ -9.27 %
07/2024 0.19521481 XMG ▼ -22.24 %
08/2024 0.19475941 XMG ▼ -0.23 %

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