Sri Lanka, Currency
The rupee is the official currency of Sri Lanka, divided into 100 cents. The currency code is LKR. It is issued by the Central Bank of Sri Lanka and is generally written ₨ (though SL₨ may occasionally be used for disambiguation).
Until 1870, the British pound was Ceylon's official currency, having replaced the rixdollar in 1828. Quarter farthings (one sixteenth of a penny), half farthings (one eighth of a penny) and three halfpennies (11⁄2 pence) were issued in addition to those coins used in Britain. Read more
Source: FOREX Bank
A currency is a unit of exchange, facilitating the transfer of goods and services. It is a form of money, where money is defined as a medium of exchange (rather than e.g. a store of value). A currency zone is a country or region in which a specific currency is the dominant medium of exchange. To facilitate trade between currency zones, there are exchange rates i.e. prices at which currencies (and the goods and services of individual currency zones) can be exchanged against each other. Currencies can be classified as either floating currencies or fixed currencies based on their exchange rate regime. In common usage, currency sometimes refers to only paper money, as in "coins and currency", but this is misleading. Coins and paper money are both forms of currency. Read more