How to Convert Indian Rupees - INR?

Discussion in 'General Chat' started by regg, Mar 23, 2009.

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  1. #1
    I'm trying to convert INR on xe.com but these commas are confusing me

    A site is telling me something is selling for 1,00,000 INR...what does this convert to in USD?

    (Those 2 zeros are confusing me instead of being three zeros)
     
    regg, Mar 23, 2009 IP
  2. ActiveFrost

    ActiveFrost Notable Member

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    #2
    1 Indian rupee = 0.019818 U.S. dollars
    1,00,000 means the same as 100000 ;)
     
    ActiveFrost, Mar 23, 2009 IP
  3. life31

    life31 Active Member

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    #3
    Thats ok it says 1LAC INR. Which will be around $2000.

    What r you buying for that. Lol the nano car :)
     
    life31, Mar 23, 2009 IP
  4. regg

    regg Banned

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    #4
    So 1,00,000 INR means 100,000 INR which converted to USD means 1,988.45 USD?

    thanks man
     
    regg, Mar 23, 2009 IP
  5. regg

    regg Banned

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    #5
    I'm looking at an indian site and the homes are listed as 59,00,000 INR and such but the 2 zeros instead of 3 are throwing me off when converting
     
    regg, Mar 23, 2009 IP
  6. Bohra

    Bohra Prominent Member

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    #6
    59,00,000 would be 59 lacs
     
    Bohra, Mar 23, 2009 IP
  7. sachin410

    sachin410 Illustrious Member

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    #7
    the reason is that money (and other things) in India are counted as lac and crore and not millions and billions.

    1 million is 10 lac.

    1 billion is 10000 lac is 100 crore.

    (100 lac is 1 crore).

    so 59,00,000 is 59 lac is 5.9 million.
     
    sachin410, Mar 23, 2009 IP
  8. dipal76

    dipal76 Well-Known Member

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    #8
    Very simple calculation here:
    Check the current rate of INR with USD.
     
    dipal76, Mar 23, 2009 IP