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What is 1 lakh in millions and billions?

Lakhs and crores are units of the Indian numbering system commonly used throughout the Indian subcontinent. Lakhs are equivalent to "hundreds of thousands" and are grouped accordingly when represented numerically. For example, 250,000 would be represented as 2,50,000 and read as Two and a half lakhs or 2.5 lakhs. It is also abbreviated as 2.5L.

1 lakh is equivalent to 100,000. 10 lakhs is therefore the same as 1,000,000 or 1 million.

100 lakhs, on the other hand, is equal to 1 crore. Hence, 1 crore converts to 10 million and 100 crores to 1,000 million (or 1 billion).

1 lakhs (or 100,000) is therefore equal to 0.1 million.

Convert lakhs to millions/billions:
Currency converter (from Indian rupees)
  • 100,000 INR is equal to 1,391 USD @ 71.89 Indian rupees to 1 US dollar.
  • 100,000 INR is equal to 1,222 EUR @ 81.83 Indian rupees to 1 Euro.
  • 100,000 INR is equal to 1,103 GBP @ 90.66 Indian rupees to 1 British pound.
  • 100,000 INR is equal to 1,863 CAD @ 53.68 Indian rupees to 1 Canadian dollar.
  • 100,000 INR is equal to 1,928 AUD @ 51.87 Indian rupees to 1 Australian dollar.
Currency converter (to Indian rupees)
  • 100,000 USD is equal to 7,189,073 INR @ 71.89 Indian rupees to 1 US dollar.
  • 100,000 EUR is equal to 8,183,306 INR @ 81.83 Indian rupees to 1 Euro.
  • 100,000 GBP is equal to 9,066,183 INR @ 90.66 Indian rupees to 1 British pound.
  • 100,000 CAD is equal to 5,367,687 INR @ 53.68 Indian rupees to 1 Canadian dollar.
  • 100,000 AUD is equal to 5,186,722 INR @ 51.87 Indian rupees to 1 Australian dollar.

Etymology of lakh

Lakh (sometimes spelt as Lac) comes from the Sanskrit Laksha (लक्ष). What is not exactly known is the origins of Laksha. While it does represent 100,000, it might actually share its roots with the words lac and lacquer. The resin (or 'red dye') is extracted from trees infested by vast swarms of lac insects, which might have led to the words association with the large number.