How Many Crores in a US Dollar?
Understanding the Indian Numbering System
In the Indian numbering system, a crore denotes ten million (10,000,000) or 10^7 in scientific notation. It is equal to 100 lakhs.
Exchange Rate between US Dollar and Indian Rupee
The exchange rate between the US dollar (USD) and the Indian rupee (INR) is expressed as the number of rupees needed to purchase one US dollar. This rate fluctuates over time, depending on various economic factors.
Converting from Crores to US Dollars
To convert a number of crores to US dollars, you need to divide the number of crores by the exchange rate. For example, if the exchange rate is 72.5 INR per USD, then:
- 1 crore (10,000,000 INR) = 10,000,000 INR / 72.5 INR/USD = 137,931.03 USD
- 5 crores (50,000,000 INR) = 50,000,000 INR / 72.5 INR/USD = 689,655.17 USD
Useful Resources
Conclusion
Understanding the conversion between crores and US dollars is essential for financial transactions and other calculations involving these currencies. By using the appropriate exchange rate, you can accurately determine the value of one currency in terms of the other.
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