Forex Converter for Lakhs and Crores Rupees to Million and Billion Dollars

Lakhs And Crores to Millions and Billions

23rd April 2008

On the receipt of many queries from our visitors regarding conversion of Lakhs and Crores to Millions and Billions, this conversion table has been provided for ready reference.

1	Crore (1,00,00,000)	100	Lakhs
1	Lakh (1,00,000)	0.01	Crores
1	Million (1,000,000)	0.1	Crores
1	Crore (1,00,00,000)	10	Million
1	Billion (1,000,000,000)	100	Crores
1	Crore (1,00,00,000)	0.01	Billion

To convert a Rupee amount (given in Crores), into its corresponding Dollar amount in Millions, divide the rupee Amount by "Spot Rate", the Current Dollar Rupee rate multiplied by 10.
Thus, Rs 4 Cr = Rs 4,00,00,000/- = 4,00,00,000 / 40 = USD 1 million (assuming the Dollar Rupee Spot rate to be Rs. 40/$
Similarly, Rs 16 Cr = USD 4 million

The idea behind providing this rough and ready conversion method is to help foreigners who may be reading textual articles or financial statements (where amounts are mentioned as "so-many" Crores) in converting these amounts into equivalent Million Dollars.

Please find below our views on this subject which appeared on Economic Times on 3rd January 2005

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TESTIMONIALS

Monetary Converter
Convert a USD amount given in Millions into a Rupee amount given in Crores or vice versa
Enter USD Amt here: Million	Enter USD-INR rate:	Rupee Amt in: Crore
Enter Rupee Amt here: Crore		USD Amt in: Million

Non - Monetary Converter
Convert any amount given in Millions into Lakhs/Crores or any amount given in Lakhs to Millions
Enter Amount in Millions: Millions	Equivalent Amount in Lacs/Crores: Lacs Crore
Enter Amount in Lacs: Lacs	Equivalent Amount in Millions: Million