Open In App

How Much is 2 Lakh Crore in Billions of Dollars?

Last Updated : 01 Feb, 2024
Improve
Improve
Like Article
Like
Save
Share
Report

The term “lakh crore” is a unit in the Indian numbering system that is widely used in the Indian subcontinent. To put it into perspective for a global audience, especially those accustomed to the Western numbering system, it’s essential to convert this figure into a more familiar unit, such as billions of dollars.

Answer: 2 Lakh Crore is approximately 26.67 billion USD.

To convert 2 lakh crore Indian Rupees (INR) into billions of US dollars (USD), a two-step process is typically followed. Initially, the amount in Indian Rupees is understood in a more familiar numerical format. “Lakh” and “crore” are units commonly used in the Indian numbering system, where 1 lakh equals 100,000 and 1 crore equals 10 million.

Therefore, 2 lakh crore translates to 2 trillion (2,000,000,000,000) INR.

The second step involves converting this amount into US dollars. This conversion is dependent on the current exchange rate between the Indian Rupee and the US Dollar.

Assuming an approximate exchange rate of 1 USD = 75 INR (for illustrative purposes; the actual rate can vary), the conversion would be as follows:

2,000,000,000,000 INR divided by 75, resulting in approximately 26.67 billion USD.

Hence, 2 Lakh Crore is approximately 26.67 billion USD.


Like Article
Suggest improvement
Share your thoughts in the comments

Similar Reads