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SHIB/LKR: Convert SHIBA INU (SHIB) to Sri Lankan Rupee (LKR)

1 SHIBA INU equals LKR 0.0056 Sri Lankan Rupee

Last update: 10:21 AM, June 19, 2024

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Overview

About SHIBA INU (SHIB)

Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.

SHIBA INU (SHIB) is a decentralized, community-driven cryptocurrency that has captured the attention of millions worldwide. Launched in late 2020, this Ethereum-based token has rapidly grown into a global phenomenon. SHIB is unique in its approach to decentralization, aiming to operate without central leadership. The token was created under the pseudonym "Ryoshi" who, much like Bitcoin's elusive creator, remains largely unknown. Ryoshi's vision for SHIBA INU was to test if a decentralized organization could function effectively without a central figurehead, a concept that has resonated with a vast community of holders.

SHIBA INU operates as an ERC-20 token based on the Ethereum blockchain, a proof-of-work system transitioning to proof-of-stake. The token's supply was initially divided, with 50% locked on Uniswap and the remaining 50% sent to Ethereum co-founder Vitalik Buterin. In a surprising move, Buterin donated a significant portion of his SHIB tokens to a Covid relief fund and burned the rest, effectively removing them from circulation. This act of burning tokens is a common practice in the crypto world, aiming to reduce the total supply of tokens and potentially increase their value. SHIBA INU also has its own decentralized exchange, ShibaSwap, where users can trade between tokens.

SHIBA INU seeks to establish itself as more than just a token. It aims to create an entire ecosystem, with plans to develop SHI, an algorithmic stablecoin pegged to one cent. This could potentially serve as a global exchange of value, providing a store of value and method of payment for users worldwide. SHIBA INU also has its own decentralized exchange, ShibaSwap, and plans to develop a financial ecosystem where SHI would be added as a weighted pool pair. Furthermore, SHIBA INU is increasingly being adopted as a form of payment by retailers, demonstrating its growing acceptance and utility in the real world.

SHIBA INU was created anonymously in August 2020 under the pseudonym "Ryoshi." The token quickly gained traction, attracting a community of investors drawn to its unique approach to decentralization and its charming dog-themed branding. In mid-2021, Ryoshi stepped away from the project, leaving the token entirely in the hands of the community. This move was in line with Ryoshi's original vision for SHIBA INU, which was to test if a decentralized organization could function without central leadership. Despite initial skepticism, the experiment proved successful, and SHIBA INU has since grown into a global phenomenon, with a community of millions of holders worldwide.

How SHIBA INU (SHIB) and Sri Lankan Rupee (LKR) differ

SHIBA INU (SHIB) and the Sri Lankan Rupee (LKR) are two distinct forms of currency, each with its own unique characteristics. SHIBA INU is a decentralized, community-driven cryptocurrency that operates on the Ethereum blockchain, striving to function without central leadership. Launched in 2020, it has rapidly grown into a global phenomenon, with its creator remaining largely unknown, much like Bitcoin's elusive creator. SHIBA INU aims to establish an entire ecosystem, with plans to develop an algorithmic stablecoin and its own decentralized exchange, ShibaSwap. On the other hand, the Sri Lankan Rupee is a traditional, centralized form of currency, regulated by the Central Bank of Sri Lanka. Unlike SHIBA INU, the LKR is not based on blockchain technology and its supply is not subject to practices like token burning. The LKR is used as the primary means of exchange in Sri Lanka, while SHIBA INU seeks to serve as a global exchange of value, demonstrating its growing acceptance and utility in the real world.

SHIBA INU Markets

SHIBA INU is falling this week.

The current price of SHIBA INU is LKR 0.0056 per SHIB. With a circulating supply of 589,271,349,448,629.4 SHIB, it means that SHIBA INU has a total market cap of LKR 3,318,239,383,904.14. The amount of SHIBA INU traded has fallen by LKR 28,550,906,548.42 in the last 24 hours, which is a 20.09% decrease. Additionally, in the last day, LKR 142,124,552,494.33 worth of SHIB has been traded.

Market cap

R$3.3T

Volume (24h)

R$142.1B

Circulating supply

589.3T SHIB

FAQ

How much is 1 SHIBA INU in LKR?

Right now, 1 SHIBA INU is worth about LKR 0.0056.

How much SHIB could I buy for 1 LKR?

Based on the current rate, you could get 177.68 SHIB for 1 LKR.

How much has the price of SHIBA INU changed?

SHIBA INU price has been on the rise. Since yesterday, the exchange rate of SHIBA INU has increased. Since last month, the exchange rate of SHIBA INU has decreased. Since this time last year, the price of SHIBA INU has increased.

How do I calculate or convert SHIB to LKR?

You can use our SHIB to LKR calculator at the top of this page to convert any amount of SHIB to LKR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 LKR is equivalent to 888.39 SHIB. Inversely, 5 SHIB will cost about 0.03 LKR.

How can I buy 1 SHIBA INU on Coinbase?

SHIBA INU is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy SHIBA INU.

What are assets similar to SHIBA INU that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to SHIBA INU, including TRON, Chainlink, and Polkadot. For a more robust list of assets to explore, jump to the asset page dedicated to SHIBA INU.

Conversion tables

The exchange rate of SHIBA INU is increasing.

The current value of 1 SHIB is LKR 0.01 LKR. In other words, to buy 5 SHIBA INU, it would cost you LKR 0.03 LKR. Inversely, LKR 1.00 LKR would allow you to trade for 177.68 SHIB while LKR 50.00 LKR would convert to 8,883.85 SHIB, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 16.2%. Meanwhile, in the last 24 hours, the rate has changed by 2.72%, which means that the the highest exchange rate of 1 SHIB to Sri Lankan Rupee was 0.000018925 LKR and the lowest 24 hour value was 1 SHIB for 0.0000173 LKR. This time last month, the value of 1 SHIB was LKR 0.01 LKR, which is a 24.73% increase from where it is now. Looking back a year, SHIBA INU has changed by -LKR 0.00 LKR.

SHIB to LKR

Amount
Today at 10:21 am
0.5 SHIB
LKR 0.0028
1 SHIB
LKR 0.0056
5 SHIB
LKR 0.0281
10 SHIB
LKR 0.0563
50 SHIB
LKR 0.2814
100 SHIB
LKR 0.5628
500 SHIB
LKR 2.8141
1,000 SHIB
LKR 5.6282

LKR to SHIB

Amount
Today at 10:21 am
0.5 LKR
88.84 SHIB
1 LKR
177.68 SHIB
5 LKR
888.39 SHIB
10 LKR
1,776.77 SHIB
50 LKR
8,883.85 SHIB
100 LKR
17,767.70 SHIB
500 LKR
88,838.52 SHIB
1,000 LKR
177,677.05 SHIB

Today vs. 24 hours ago

Amount
Today at 10:21 am
24 hours ago
24H Change
0.5 SHIB
LKR 0.0028
LKR 0.0027
+2.72%
1 SHIB
LKR 0.0056
LKR 0.0055
+2.72%
5 SHIB
LKR 0.0281
LKR 0.0274
+2.72%
10 SHIB
LKR 0.0563
LKR 0.0548
+2.72%
50 SHIB
LKR 0.28
LKR 0.27
+2.72%
100 SHIB
LKR 0.56
LKR 0.55
+2.72%
500 SHIB
LKR 2.81
LKR 2.74
+2.72%
1,000 SHIB
LKR 5.63
LKR 5.48
+2.72%

Today vs. 1 month ago

Amount
Today at 10:21 am
1 months ago
1M Change
0.5 SHIB
LKR 0.0028
LKR 0.0037
-24.73%
1 SHIB
LKR 0.0056
LKR 0.0075
-24.73%
5 SHIB
LKR 0.0281
LKR 0.0374
-24.73%
10 SHIB
LKR 0.0563
LKR 0.0748
-24.73%
50 SHIB
LKR 0.28
LKR 0.37
-24.73%
100 SHIB
LKR 0.56
LKR 0.75
-24.73%
500 SHIB
LKR 2.81
LKR 3.74
-24.73%
1,000 SHIB
LKR 5.63
LKR 7.48
-24.73%

Today vs. 1 year ago

Amount
Today at 10:21 am
1 year ago
1Y Change
0.5 SHIB
LKR 0.0028
LKR 0.0011
+155.74%
1 SHIB
LKR 0.0056
LKR 0.0022
+155.74%
5 SHIB
LKR 0.0281
LKR 0.0110
+155.74%
10 SHIB
LKR 0.0563
LKR 0.0220
+155.74%
50 SHIB
LKR 0.28
LKR 0.11
+155.74%
100 SHIB
LKR 0.56
LKR 0.22
+155.74%
500 SHIB
LKR 2.81
LKR 1.10
+155.74%
1,000 SHIB
LKR 5.63
LKR 2.20
+155.74%

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