XAU 500 = LKR 434503287.39
Convert1 XAU = 869006.57478 LKR | 1 LKR = 0 XAU
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
XAU to LKR Exchange Rate Chart
1 XAU = 869006.57478 LKR
The exchange value of 500 XAU in Sri Lankan Rupee is 434503287.390 LKR as on Feb 14.
You can check the exchange rate of 500 Gold (troy ounce) to Sri Lankan Rupee by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 500 XAU to LKR online is as follows:.
There are several online ways to convert XAU to LKR.
Most banks in India allow XAU to LKR conversion through their internet banking or mobile apps.
Pros:
Cons:
Apps like Wise, PayPal, and Western Union allow XAU to LKR conversion quickly.
Pros:
Cons:
A Forex card is a prepaid card that holds multiple currencies, including XAU.
Pros:
Cons:
Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
Pros:
Cons:
There are several offline methods to exchange XAU to LKR. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your XAU cash and exchange it for LKR.
Pros:
Cons:
Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline XAU to LKR conversion.
Pros:
Cons:
Airports have forex counters where travelers can exchange XAU to LKR.
Pros:
Cons:
Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange XAU to LKR at a Hotel or Travel Agency:
Pros:
Cons:
In busy markets and tourist spots, you may find local money changers who exchange XAU for LKR
Pros:
Cons:
Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
---|---|---|---|---|
Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Gold (troy ounce) (XAU) to Sri Lankan Rupee (LKR) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
XAU is a strong and widely traded currency. If the exchange rate is favorable, converting XAU to LKR can give you more value for your money.
Since 1 XAU equals a significantly higher amount in LKR, converting XAU to LKR increases your purchasing power, allowing you to afford more goods and services in Sri Lanka.
If you‘re an NRI, tourist, or returning from the Gold, converting XAU to LKR ensures you have local currency for daily expenses, shopping, and travel within Sri Lanka.
Converting XAU to LKR can help you invest in Sri Lanka assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Gold markets.
Using a direct XAU to LKR conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting XAU to LKR at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of XAU to LKR exchange.
Source of the rates:apilayer.com