Indian Rupee - conversion by Lakhs Crores
Indian Quotation><b> | Amount><b> | 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 |
To convert a Rupee amount (given in Crores), into its corresponding Euro amount in Millions, divide the Rupee amount by 5.
Thus, Rs 5 Cr = Rs 5,0,00,000/- = € 1 million
Similarly, Rs 20 Cr = € 4 million Please note we are dividing Rs 5.00 Crores (in Words), by 5 to arrive at € 1 million (in words)
Inherent within this is the unstated equation which says 1 million = 0.1 Crore (Rs 5 Cr / 0.1) / 50 = Rs 5 Cr / 5 = € 1 million
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