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What is 1.5 million in lakhs and crores?

Lakhs and crores are units of the Indian numbering system commonly used throughout the Indian subcontinent. Millions, on the other hand, are used internationally and are equivalent to "thousands of thousands" and are grouped accordingly when represented numerically. For example, 2 million would be represented as 2,000,000. It can also be abbreviated to 2M.

1 million is equivalent to 10 lakhs and 100 lakhs is equal to 1 crore.

1.5 million (or 1,500,000) is therefore equal to 0.15 crores (15 lakhs).

Convert millions to lakhs/crores:
Currency converter (from Indian rupees)
  • 1,500,000 INR is equal to 23,345 USD @ 64.25 Indian rupees to 1 US dollar.
  • 1,500,000 INR is equal to 18,812 EUR @ 79.74 Indian rupees to 1 Euro.
  • 1,500,000 INR is equal to 16,665 GBP @ 90.01 Indian rupees to 1 British pound.
  • 1,500,000 INR is equal to 29,331 CAD @ 51.14 Indian rupees to 1 Canadian dollar.
  • 1,500,000 INR is equal to 29,489 AUD @ 50.87 Indian rupees to 1 Australian dollar.
Currency converter (to Indian rupees)
  • 1,500,000 USD is equal to 96,382,446 INR @ 64.25 Indian rupees to 1 US dollar.
  • 1,500,000 EUR is equal to 119,607,687 INR @ 79.74 Indian rupees to 1 Euro.
  • 1,500,000 GBP is equal to 135,013,501 INR @ 90.01 Indian rupees to 1 British pound.
  • 1,500,000 CAD is equal to 76,710,647 INR @ 51.14 Indian rupees to 1 Canadian dollar.
  • 1,500,000 AUD is equal to 76,300,931 INR @ 50.87 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.

Etymology of crore

Crore (100 lakhs or ten million) comes from the Sanskrit koti (कोटि) and Prakrit krodi. It is also pronounced karor, karod, koti, kodi, etc. in various Indian languages. The word (or a variant) has also spread to Arabic, Persian, and Pashto. The spread of Buddhism has also introduced it to Thai, Japanese, Chinese, Tagalog, and other East Asian languages.