1 Million means How Much Lakhs in India?
This is the commonest query that readers ask me. They want to know that US $ 1 Million means how much lakhs rupees in India?
Well, 1 Million = 10,00,000
So 1 Million US $ = 10,00,000 Dollars and 1 USD = Rs.50 Approx.)
So 1 Million USD = Rs.5,00,00,000 (5 Crores)
So 1 Million Dollars = 500 thousand Lakhs
1 Billion Dollar is 1,00,00,00,000 or Rs.5000 Crores
This conversion is very much important in knowing the finance and to understand the wealth of the billionaires. Not only this but this conversion will help you to understand and set your financial goals according to the world standards.