INR vs USD (Rs vs $)

Manytimes I found myself confused when it comes to the conversion of US dollars into Indian currency, especially when they are in millions.   In this new world people have mixed Indian way of counting or Place Value System(PVS) with US  currency place value system.  Recently I was amazed to see one of the top IT companies stating its turnover as 90B. I was like woooooo… how come they are next to Microsoft then I read between the lines and found that it was 90 B INR  and I was shocked again. We dont have Billions in our Indian currency place value system then how can they use it.  I understand that in today global marketplace we have to follow the global route but if thats the case then this company would have converted the turnover into USD and not misled people by mashing both Indian and US currency system.  So a 90 B INR would have been represented like either $2B or INR 9000 Crore and they both look impressive. Not sure why they opted for the confusing sytem but this type of practise, from one of a top IT company, comes as a huge surprise.

Any ways I have made a comparision chart or INR and USD below. It might be of some help.  

Place value chart for INR
(Rs)

Place value chart for USD
($)

THTC TL HT HTO
0000,00,00,0000

T HTB HTM HTT HTO
0,000,000,000,000
Ounce
Tens
Hundred
Thousand
Ten Thousand
Lakh
Ten Lakh
Crore
Ten Crore
Hundred Crore
Thousand Crore
Ounce - (0-0)
Tens - (1-0s)
Hundred - (2-0s)
Thousand - (3-0s)
Ten Thousand - (4-0s)
Hundred Thousand - (5-0s)
Million - (6-0s)
Ten Million - (7-0s)
Hundred Million - (8-0s)
Billion - (9-0s)
Ten Billion - (10-0s)
Hundred Billion - (11-0s)
Trillion - (12-0s)

So a simple calculation of both the currency values can be done from the above table but for the conversion of USD into Rs or vice versa we have to take the conversion rate or USD, as of now at the time of writing this blog; it is 45 Rs, which means I USD = 45 INR. Lets take few examples.

90K USD =  90K(see table above) x 45 = 4050 K INR = 40 lakh INR
200K USD =  2 lakh x 45 = 90 lakh INR
730K USD = 7.3 lakh x 45 =  328 lakh INR = 3.28 crore INR
55M USD =   550 lakh x 45 =  24750 lakh INR = 247 crore INR
100M USD =  10 crore x 45 = 450 crore INR
560M USD  =  56 crore x 45 = 2520 crore INR
2 B USD  =   200 crore x 45 =   9000 crore INR
26 B USD = 2600 crore x 45 = 117000 crore INR

It might be quite overwhelming so just in case you are looking for a short cut, try typing  “$55 million in INR” in google and you will get the result in INR(but in billions).  And as per the table above 1B = 100 crore, so now you can convert it into crores.   

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21 responses to this post.

  1. Posted by ishanth on March 23, 2007 at 2:18 pm

    Million is 10 lakh not 1 crore. make the corrections.

    Reply

  2. Posted by Muni on March 23, 2007 at 2:34 pm

    It’s quite usefull to read $ vs INR

    thanks
    Muni

    Reply

  3. Thanks Ishanth… there was some layout issue becouse of which Million was appearing next to 1 Crore…. rectified it.

    Reply

  4. So a 90 B INR would have been represented like either $20B or INR 90000 Crore and they both look impressive.

    1 USD=45 INR in your assumption here.

    So, 90B INR = 2B USD = $2billion (USD), NOT $20B

    Reply

  5. Posted by Ratan Gokhale on April 25, 2007 at 5:37 am

    Why are things made complicated here. The statement “So a 90 B INR would have been represented like $2B or INR 90000 Crore” is incorrect.

    It should be INR 9000 Crore (Nine thousand) and not INR 90000 Crore (Ninty thousand).

    1Billion = 100 crore
    therefore
    90 Billion = 9000 crore.

    Reply

  6. Posted by prasun on April 27, 2007 at 12:14 pm

    100 crore = 1 arab
    100 arab = 1 kharab
    100 kharab = 1 sankh
    100 sankh = 1 maha sankh ( I guess you dont count beyind that ).

    if you want to be precisly Indian.

    Reply

  7. oh………………….verrrrrrrrrrrrily i am surprised to see the place value chart . becoz i simply typed million vs crore with doubt but i got the exact answer . thank u so much .u understand my mind. no no not only mine many like me . A very very bi………………..g tank u.

    Reply

  8. Posted by Callistus D'gama on September 6, 2007 at 5:58 pm

    Good thinking…..

    Reply

  9. Posted by syed arshad on June 26, 2008 at 9:37 pm

    most probably we have confusion in million as a one crores and ten million as as 100 crores. but its wrong… one million is ten lakhs and ten million as one crores… so easly rember the one crores as 10 milllion…

    Reply

  10. Posted by vinayaraj on August 17, 2008 at 7:28 am

    please correct the mistake of zeros, as you said; one thousand is 4-0s. Not correct. But the attempt is applausable. Thank you!!

    Reply

  11. Posted by mehul ruparel on November 5, 2008 at 8:44 am

    Thankyou very much to all the visitors and writers who have written this informations on the site.
    It is vrry useful for me

    Thanks

    Reply

  12. Is the chart in the blog after all the criticism and the corrections up to date and correct now? Let me know, so I can use it. Thanks.

    Reply

  13. Posted by VShah on February 20, 2009 at 7:56 pm

    great work writer and all the people who gave comments.

    Reply

  14. Posted by santhakumar on June 2, 2009 at 10:14 am

    hey man, thanks for the post. it was good information. i too needed clarity.. thanks

    Reply

  15. For quick calculations(Rough estimate) I always use following trick

    1 Million USD = 5 Crore INR ie multiply by 5 : I m considering 1 USD= 50 INR roughly

    2 Million = 10 Crore

    100 Million = 500 Crore

    Reply

  16. 100 million = 1 billion = 500 crore

    1000 million = 10 billion = 5000 crore

    Reply

  17. Why we are thinking!

    Number system different in different country.
    Don’t think combind one system to another . please………………………

    Reply

    • Posted by Corrector on May 20, 2010 at 10:33 am

      For sure system is different , but there is no difference on counting in a language!!!

      If you are counting in English, no matter what your language is, the transalation is always accurate otherwise we do not need any dictionary.

      Not combining all the systems into one, we are doing standardising the system in order to avoid misunderstanding. If you insist not to do so, why do you speak other languages then, especially english… the reason why everyone is speaking that is to communicate more efficiently.

      So please learn the right way, ot dont learn at all and please do not modify any language system…

      YOU WOULDNT LIKE OTHER PEOPLE TO TELL YOU HOW TO COUNT IN YOUR LANGUAGE…so please learn but not argue….

      Reply

  18. Posted by Copper on July 3, 2011 at 12:37 pm

    Very healthy discussion and a very clear understanding of the billions and millions..

    Reply

  19. Posted by JAGDISH on June 15, 2013 at 8:59 am

    very useful information for the forex trade

    Reply

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