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For higher powers of ten, naming diverges. The Indian system uses names for every second power of ten: lakh (10 5), crore (10 7), arab (10 9), kharab (10 11), etc. In the two Western systems, long and short scales, there are names for every third power of ten. The short scale uses million (10 6), billion (10 9), trillion (10 12), etc.
Crore (/ k r ɔːr /; abbreviated cr) denotes the quantity ten million (10 7) and is equal to 100 lakh in the Indian numbering system.In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000.
In the abbreviated form, usage such as "₹ 5L" or "₹ 5 lac" (for "5 lakh rupees") is common. [4] In this system of numeration, 100 lakh is called one crore [3] and is equal to 10 million. Formal written publications in English in India tend to use lakh/crore for Indian currency and Western numbering for foreign currencies, such as dollars ...
Lakh and crore are common enough to have entered Indian English. For number 0, Modern Standard Hindi is more inclined towards śūnya (a Sanskrit tatsama) and Standard Urdu is more inclined towards sifr (borrowed from Arabic), while the native tadbhava-form is sunnā in Hindustani.
A template to convert between "lakh"/"crore" and English seems a little useless. In general it would merely serve to add unnecessary clutter. Just use the words English speakers in general are familiar with, i.e., don't use "lakh" and "crore". In the rare case where "lakh" and/or "crore" would be appropriate, just convert by hand.
l – to link "lakh" c – to link "crore" lc – to link "lakh" and "crore" year: optional: This parameter allows for inflation. Historic rupee values will be inflated to current values then converted. to: optional: This parameter allows for conversion to various different currencies (and some combinations).
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY).
In 1850, the official conversion rate between the pound sterling and the rupee was £0 / 2s / 0d (or £1:₹10), while between 1899 and 1914, the official conversion rate was set at £0 to 1s to 4d (or £1:₹15). However, this was just half of market exchange rates between 1893 and 1917.