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Convert between lakhs (Indian system) and millions (Western system) with real-time bidirectional conversion.
10 lakh = 1 million
million = lakh ÷ 10
| Lakh | Million |
|---|---|
| 1 | 0.1 |
| 5 | 0.5 |
| 10 | 1 |
| 20 | 2 |
| 50 | 5 |
| 100 | 10 |
| 250 | 25 |
| 500 | 50 |
| 1,000 | 100 |
| 2,500 | 250 |
| 5,000 | 500 |
| 10,000 | 1,000 |
| Indian System | Western System | Numerals |
|---|---|---|
| One Thousand | One Thousand | 1,000 |
| Ten Thousand | Ten Thousand | 10,000 |
| One Lakh | Hundred Thousand | 1,00,000 |
| Ten Lakh | One Million | 10,00,000 |
| One Crore | Ten Million | 1,00,00,000 |
A lakh (also spelled lac) is a unit in the Indian numbering system equal to 100,000 (one hundred thousand). It's written as 1,00,000 in the Indian format. The word "lakh" comes from the Sanskrit "laksha." One lakh equals 100 thousand, and 100 lakh equals 1 crore. This unit is fundamental in South Asian financial and statistical reporting.
In India and neighboring countries, lakhs are commonly used in everyday financial contexts. Property prices, salaries, car prices, and savings are often quoted in lakhs. For example, a mid-range apartment might cost 50 lakh rupees, or an annual salary might be 10 lakh rupees. Understanding this conversion helps bridge communication between Indian and Western financial contexts.
The relationship between lakh and million is simple but crucial: 10 lakh = 1 million. This means that to convert lakhs to millions, you divide by 10, and to convert millions to lakhs, you multiply by 10. This conversion is essential when dealing with international business, global investment, or when comparing financial figures across different numbering systems.
The Indian numbering system, including the lakh, has been used for thousands of years and is deeply embedded in the culture and language of South Asia. Ancient Sanskrit texts refer to lakhs in mathematical and astronomical contexts. Despite globalization, the lakh remains the preferred unit for many financial transactions in India, Pakistan, Bangladesh, Nepal, and Sri Lanka.
To convert lakhs to millions, divide by 10:
Example 1: 50 lakh = 50 ÷ 10 = 5 million
Example 2: 25 lakh = 25 ÷ 10 = 2.5 million
Example 3: 100 lakh = 100 ÷ 10 = 10 million (1 crore)
To convert millions to lakhs, multiply by 10:
Example 1: 5 million = 5 × 10 = 50 lakh
Example 2: 2.5 million = 2.5 × 10 = 25 lakh
Example 3: 10 million = 10 × 10 = 100 lakh (1 crore)
Real Estate Transactions: Converting property prices between Indian and international formats for cross-border real estate investments.
Salary Negotiations: Understanding compensation packages when working with multinational companies operating in South Asia.
Investment Analysis: Comparing investment opportunities, mutual fund values, and portfolio sizes across numbering systems.
Business Reporting: Converting revenue figures, profit margins, and financial statements for international stakeholders.
Currency Exchange: Understanding the value of transactions when converting between rupees and foreign currencies.
There are 10 lakhs in one million. This is a fixed conversion: 1 million = 10 lakh = 10,00,000.
Yes, lakh is used in Pakistan, Bangladesh, Nepal, Sri Lanka, and Myanmar. It's the standard unit in South Asian countries for expressing numbers in the hundred thousands.
Lakh is pronounced as "lack" (rhymes with "back"). Some regions pronounce it as "laakh" with a slightly longer "a" sound.
Lakh is commonly abbreviated as "L" or "Lac" (e.g., 5L or Rs. 5 Lac for 5 lakh rupees). In some contexts, you might see "Lk" as well.
The lakh system is part of India's ancient numbering tradition dating back thousands of years. It remains in use because it's deeply embedded in the language, culture, and financial systems of South Asia. Many people find it more intuitive for everyday use in these regions.