Converting millions to lakhs is straightforward once you get the hang of it. In the Indian numbering system, 1 lakh equals 100,000. So, when you want to change millions into lakhs, you just multiply the number of millions by 10. For example, 1 million equals 10 lakhs because 1,000,000 (one million) times 10 gives you 10,00,000, which is 10 lakhs. This conversion is useful because people in places like India often talk about money in terms of lakhs and crores instead of millions and billions. Understanding how to convert these numbers can make discussing large amounts much easier.
Conversion of millions to lakhs the first step is multiplying the million value is 0.1 million by the lakh value, and then you get the solution. The conversion ratio of millions to lakh is 1: 10,
1 Million= 10 lakhs
Table of contents
What is Million?
Millions are often used to describe a large number, specifically 1,000,000. This term is widely used in countries that follow the short scale for numerical values, where after a thousand comes a million. This term helps quantify and understand large numbers easily, especially when discussing populations, finances, or large quantities. A simple formula to convert millions into lakhs is commonly used in countries like India. Since 1 lakh equals 100,000, multiply the number of millions by 10 to get the value in lakhs. The formula is given below:
Amount in lakhs = Amount in millions × 10
What is Lakh?
A lakh is a unit in the Indian numbering system equal to one hundred thousand (100,000). It’s widely used in India, Bangladesh, Nepal, and Pakistan to discuss large sums of money, population figures, and more. The concept of a lakh makes it easier for people in these regions to comprehend and communicate big numbers. The formula for converting lakhs into millions is quite simple, which is more commonly used in the Western world: divide the number of lakhs by 10. For instance, if you have 50 lakhs, divide it by 10 and convert it into 5 million. This conversion helps in understanding and comparing figures in different global contexts.
What is the value of 1 Million in Lakhs?
What is seen as 1 lakh in the Indian number system is just what is treated as a hundred thousand in the international system of numbering.
The place value in both million and lakh works same by ten thousand. After ten thousand, both depart on different workings of respective systems.
One thing to make a note of here is that both the Indian numbering system and the international numbering system have the commonality of a number of zeroes. Thus, one million in the Indian system of number as well as international system has number 1 antedated by 6 zeroes.
Conversion Table of Million in Lakhs
Looking at the table mentioned below, you will gain an understanding of how many lakhs make one million, how many lakh combine to make two million or five million and so on. Let’s roll to it.
| 1 Million | 1 Million in Indian Rupees | 1 Million in Rupees in Words |
| 1 Million is as same as | 10 Lakhs or 10,000,00 | Ten Lakhs |
| 2 Million is as same as | 20 Lakhs or 20,000,00 | Twenty Lakhs |
| 3 Million is as same as | 30 Lakhs or 30,000,00 | Thirty Lakhs |
| 4 Million is as same as | 40 Lakhs or 40,000,00 | Forty Lakhs |
| 5 Million is as same as | 50 Lakhs or 50,000,00 | Fifty Lakhs |
| 6 Million is as same as | 60 Lakhs or 60,000,00 | Sixty Lakhs |
| 7 Million is as same as | 70 Lakhs or 70,000,00 | Seventy Lakhs |
| 8 Million is as same as | 80 Lakhs or 80,000,00 | Eight Lakhs |
| 9 Million is as same as | 90 Lakhs or 90,000,00 | Ninty Lakhs |
| 10 Million is as same as | 100 Lakhs or 100,000,000 | 1 Crore |
| 50 Million is as same as | 500 Lakhs or 500,000,000 | 5 Crores |
| 100 Million is as same as | 1000 Lakhs or 1000,000,000 | 10 Crores |
Difference Between Million and Lakh
What contrast do a million and lakh make for each other? The difference is basically derived out of the region-based systems. In many parts of the United States, large numbers are distinguished with commas within the intervals of three digits.
It goes like this-
…BBB, MMM, TTT, HHH in which
B is for Billions
M is for Millions
T is for thousands and
H is for Hundreds
Things work differently in the Indian system of numbers. Here, it goes like this-
…CC, LL, TT, HHH in which
C is for Crores
L is for Lakhs
T is for thousands and
H is for Hundreds
Million to Lakh Converter
You just saw what all lakhs of the world it takes to make millions. The number that is brought as twenty lakhs as per the implication of Indian number system will be put as 2 million, maintains the international numeration. Would you like to convert the currency and realize how many lakhs are there in 1 million? We have a fast solution for you.
You only need a million to lakh converter to check the answer. You can seamlessly spot the million to lakh converter online that will give you the answer you are in search of.
You have to put the 1 million in the input section and hit the button for conversion. Doing this, you will quickly unravel how many lakhs make 1 million.
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Frequently Asked Questions (FAQ)
What is the value of 1 million in lakhs?
1 million makes for 10 lakh as per the Indian number system.
What is the value of 1 million?
According to the Indian numeration system, there are 10 lakhs in 1 million.
How much Lacs is 1 billion?
There are ten thousand lakhs in one billion. Simply put- 1 billion = 10,000 lakh.
How many lakhs make a crore?
10 lakhs make for 1 crore.
