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Indian Rupee - conversion by Lakhs Crores

Indian Quotation><b>Amount><b>International Quotation
1 Lakh100,000.00100 Thousands
10 Lakhs1,000,000.001 Million
1 Crore10,000,000.0010 Million
10 Crores100,000,000.00100 Million
100 Crores1,000,000,000.001 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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