Home > General HR > Conversion of lakhs and crores to millions and billions

Conversion of lakhs and crores to millions and billions

Conversion of lakhs and crores to millions and billions

Indian Quotation

Amount

International Quotation

1 Lakh

100,000.00

100 Thousands

10 Lakhs

1,000,000.00

1 Million

1 Crore

10,000,000.00

10 Million

10 Crores

100,000,000.00

100 Million

100 Crores

1,000,000,000.00

1 Billion

ImageRegarding conversion of Lakhs and Crores to Millions and Billions, this conversion table has been provided for ready reference.

To convert a Rupee amount (given in Crores), into its corresponding Dollar amount in Millions,divide the rupee Amount by 4.87. Thus, Rs 4.87 Cr = Rs 4,87,00,000/- = USD 1 million
Similarly, Rs 16 Cr = USD 3.29 million

Please note we are dividing Rs 4.87 Crores (in Words), by 4.87 to arrve at $ 1 million (in words). Inherent within this is the unstated equation which says 1 million = 0.1 Crore (Rs 4.87 Cr / 0.1) / 48.7 = Rs 4.87 Cr / 4.87 = $ 1 million

The idea behind providing this rough and ready conversion method is to help Indians who may be reading textual articles or financial statements (where amounts are mentioned as “so-many” Millions/billions).

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