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Commonly used quantities include lakh (one hundred thousand) and crore (ten million) – written as 1,00,000 and 1,00,00,000 respectively in some locales. [1] For example: 150,000 rupees is "1.5 lakh rupees" which can be written as "1,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 crore rupees" which can be written ...
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
In the abbreviated form, usage such as "₹ 5L" or "₹ 5 lac" (for "5 lakh rupees") is common. [4] In this system of numeration, 100 lakh is called one crore [3] and is equal to 10 million. Formal written publications in English in India tend to use lakh/crore for Indian currency and Western numbering for foreign currencies, such as dollars ...
[1] Later Hindu and Buddhist texts have extended this list, but these lists are no longer mutually consistent and names of numbers larger than 10 8 differ between texts. For example, the Panchavimsha Brahmana lists 10 9 as nikharva , 10 10 vâdava , 10 11 akṣiti , while Śâṅkhyâyana Śrauta Sûtra has 10 9 nikharva , 10 10 samudra , 10 11 ...
It should be remembered that "billion" does not mean in American use (which follows the French) what it means in British. For to us it means the second power of a million, i.e. a million millions ( 1,000,000,000,000 ); for Americans it means a thousand multiplied by itself twice, or a thousand millions ( 1,000,000,000 ), what we call a milliard.
For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen crore rupees", "₹ 15 crore". [1] In the abbreviated form, usage such as "₹ 15 cr" is common. [3] Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to: ₹ 1 lakh ...
The PSPC began issuing its own 1- and 5-rupee notes in the fiscal year 1952-53. [4] These notes resembled those previously produced by Thomas de la Rue & Company, but the 1-rupee note featured a notable change: a blue back without under-print, different from the purple back of the British versions. This new design was circulated on 31 January ...
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