Understanding the Lakh and Crore Numbering System
If you are dealing with finances, real estate, or remittances in South Asia (including India, Pakistan, Bangladesh, Nepal, and Sri Lanka), you will frequently encounter the terms "Lakh" and "Crore". Unlike the Western numbering system which groups digits in threes (thousands, millions, billions), the South Asian numbering system groups them differently.
Converting large figures like "150 Million USD" into Indian Rupees (INR) or Pakistani Rupees (PKR) can be confusing when you have to switch between "Millions" and "Crores". This tool bridges that gap by offering live exchange rates and automatic formatting.
What is a Lakh?
A Lakh (also spelled Lac) is equal to 100,000 (One Hundred Thousand). In the South Asian numeral system, it is written as 1,00,000.
What is a Crore?
A Crore is equal to 10,000,000 (Ten Million) or 100 Lakhs. It is written as 1,00,00,000.
Quick Conversion Table: Million vs. Lakh vs. Crore
| Western System | South Asian System | Numerical Value |
|---|---|---|
| 100 Thousand | 1 Lakh | 100,000 |
| 1 Million | 10 Lakhs | 1,000,000 |
| 10 Million | 1 Crore | 10,000,000 |
| 100 Million | 10 Crores | 100,000,000 |
| 1 Billion | 100 Crores (1 Arab) | 1,000,000,000 |
Why use this Currency Converter?
- Live Exchange Rates: Automatically fetches the latest rates for USD, GBP, EUR, AED, SAR, and more.
- South Asian Comma Formatting: Unlike standard calculators, this tool formats numbers in the 2,2,3 system (e.g., 1,50,00,000) making it easier to read for people in India and Pakistan.
- Number to Words: Instantly converts the numeric amount into words (e.g., "Five Crore Twenty Lakhs").
- Multi-Currency Support: Convert from United States Dollar (USD), UAE Dirham (AED), Saudi Riyal (SAR), British Pound (GBP), and Euro (EUR) directly to INR, PKR, BDT, and NPR.
Disclaimer: Exchange rates are updated regularly via open APIs but should be used for informational purposes only. Always check with your bank or money transfer service for the exact transaction rate.