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Commonly used quantities include lakh (one hundred thousand) and crore (ten million) – written as 1,00,000 and 1,00,00,000 respectively in some locales. [1] For example: 150,000 rupees is "1.5 lakh rupees" which can be written as "1,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 crore rupees" which is can be ...
Template calculates a value of Indian Rupees, which you can enter, to another currency and then presents the results. Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Rupee value 1 The value, in Indian Rupees, that needs to be converted. The template will not accept pre-formatted values (i.e. 1,234). Example ...
Now coming to a small issue, the total planned expenditure of Govt of India for Defense services for year 2013 was 2.03 lakh crore (see 2013 Union budget of India) but template conversion do not support such nomenclature, it supports 'Trillion' but not 'Lakh Crore' though both are same (1 trillion equals 1 lakh crore) but later is the term used ...
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 ...
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.
For example, 10 million (1 crore) would be written as 1,00,00,000. In Pakistan, there is a greater tendency to use the standard western system, while using the Indian numbering system when conducting business in Urdu. In Sweden, the currency sometimes used the colon as decimal separator (1 234 567:89).
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The Indian rupee (symbol: ₹; code: INR) is the official currency in the Republic of India.The rupee is subdivided into 100 paise (Hindi plural; singular: paisa).The issuance of the currency is controlled by the Reserve Bank of India.