Therefore, only for a few number names have a direct equivalent in the international system: The numbers are read like below: Number of Zeros in Lakhs and Crores However, when you look into Hindi numbering system it follows a very different nomenclature.

However, before I do that please see the table below that showcases the number of zeros in million and billion. So, I quickly made my formula, which I am going to share below. I acknowledge that it has also bothered me in the beginning. This particularly happens when you work for an American or European MNC as they always talk in Millions or Billions of dollars. I myself struggled initially, however, I quickly made my formulas so that I can easily convert the numbers. During my global career, I have seen top-notch professionals getting stumped on this conversion. So if you live in India and even interact with a foreigner you will get stuck when you use Indian terminology of lakhs/Crore. It is further complicated when you consider that the most accepted global currency in the world in US$ or Euro or GBP. Every investor, professional, teacher and even common man will use values in thousands, millions, billions etc. The entire world follows the short scale number system in the financial world. Million to Crore | Billion to Crore : The Complication I am sure you must have gotten in a situation like this, that is why you are here. Obviously he was not conversant with Lakhs and Crores so I was forced to tell him numbers in Million that too in US$, I struggled for some time and it made me look like a fool. When he inquired what is the price of an apartment, I said anything between 40 Lakhs to 80 Lakhs. I was quick to answer that the takers buy even before the property is launched (it was the period of the construction boom in Gurgaon). he asked me if anyone is buying the property. He was curious to see the amount of construction happening all around the city.

I was once travelling with my program manager (A swiss gentleman travelling to India for the first time) on the MG Road of Gurgaon in 2005. Why you need to know the Conversion Tricks

However, if you want to understand the logic and want to calculate without a calculator read on: US$ 1 Billion = US$ to Rupee Exchange rate X 1 Billion = 70 X 1 Billion = Rs 70 X 10000 lakhs = Rs 700000 Lakhs = Rs 7000 Crore.US$ 1 Million = US$ to Rupee Exchange rate X 1 Million = 70 X 1 Million = 70 X 10 Lakhs = Rs 700 Lakhs = Rs 7 Crore.Before I answer that in detail let me answer that for people in a hurry:

However, it gets complicated when we want the conversion is Lakhs / Crores of Indian Rupees. US$ 1 Billion = US$ to Rupee Exchange rate X 1 Billion = 70 X 1 Billion = Rs 70 Billion.US$ 1 Million = US$ to Rupee Exchange rate X 1 Million = 70 X 1 Million = Rs 70 Million.If you are looking for a straight answer you simply take the exchange rate and multiply to Million or Billion (Assuming the exchange rate is Rs 70 = 1 US$): How much is 1 Billion and 1 Million Dollar in Rupees? Well, quite a lot.

?100 in rupees