How Much Is 1 Billion Dollars in Rupees?
by Daisy, Jun 05 2023
Creta Class, the leading e-learning platform, is here to help your kids aged 3 to 8 learn mathematics interestingly. With our team of professional mentors, kids gain the knowledge and develop skills to solve any Maths question accurately and quickly. From the conversion of money, addition, and multiplication to division, we cover all the essential topics to help your kids have a basic understanding, so that they may not have any difficulty in the higher classes.
If you are unable to teach complex topics to your kids, like the calculation for the conversion of 1 billion in rupees, feel free as we have got everything covered. At Creta Class, with our simplest and most interesting learning methods, your kids can easily understand the topic, including place value, which plays an important role in the conversion of money.
What Does Conversion of Billions to Rupees Mean?
Students often get scared after seeing big numbers. It is essential to eliminate this fear and help them understand how to identify big numbers. Certain rules for identifying them are important to be understood by children.
In Mathematics, the concept of place value is used to describe quantities. There are place value charts for determining the positional value of numbers. The place value of a number starts from right to left. There are mainly two systems of identification of numbers, Firstly, the Indian System of place value and secondly, the International System. The difference between the both is based on the placement of commas and how place values are expressed in words.
In the Indian and international systems, the place value of digits is denoted in distinct ways. In the former, numerals have the place values of Ones, Tens, Hundreds, Thousands, Ten Thousand, Lakhs, Ten Lakhs, Crores, and so on. On the contrary, in the International system, the value of the digit positions is in the chronological order of Ones, Tens, Hundreds, Thousand, Ten Thousand, One Hundred Thousand, Million, Billion, and so on.
Students must have a good knowledge of both these systems and know how to convert international numbers in the Indian system. With Creta Class, students can easily understand the difference between the two systems and identify numbers easily. Our experienced faculty makes it easier for students to actively participate in the class and understand the concepts easily.
What Is 1 Billion in Indian Money?
In the Indian system, 1 billion in rupees is represented as 1,00,00,00,000 Rupees or 100 crores. Whereas, in the international place value system, a billion is written as 1,000,000,000 and is equal to 1,000,000,000 Rupees.
Conversion of Billion to Rupees
There are different ways to convert 1 Billion in Rupees. It can be converted to Rupees in terms of crores and lakhs. You can have a glance below to know about this in detail:
From Billion to Lakh
To convert a billion to a lakh, experience 1 billion in terms of lakhs. Since 1 lakh is 1,00,000, 1 billion is 10 lakhs. In other words, 1 billion is ten thousand lakhs.
Thus, if you wish to convert any value in a billion to lakhs, you can multiply the given value by 10,000 or ten thousand.
For example: Convert 5 billion to lakhs.
Solution: 1 billion = 10,000 lakhs
5 billion = 5*10,000 or 50,000 lakhs
From Billion to Crore
The conversion of billions to crores is done in the same way as we convert billions to lakhs. However, in this case, you may need to multiply the given value by 100 as:
1 Billion = 100 crores
For example: Convert 2 billion to crores.
Solution: 1 Billion = 100 crores
3 Billion = 3*100 or 300 crores
Conversion of 1 Billion Dollars in Rupees
The dollar is the currency of the United States of America. You may need to note that the value of dollars in terms of rupees keeps on fluctuating. At present the value of the US dollar is 81.70 rupees. To convert 1 billion in rupees, you simply need to multiply the value of 1 USD with 100 crores as 1 billion = 100 crores.
For example: Convert billion dollars into rupees, knowing 1 USD is 81.70 rupees.
Solution: Since 1 USD = 81.70 INR and 1 billion = 100 crores
5 billion dollars= 581.70100 = 40,850 crore INR
Thus, 5 billion dollars is INR 40,850 crore.
Why Choose Creta Class?
Creta Class, being one of the best e-learning platforms for teaching Mathematics aged 3-8, provides high-quality education to ensure your kids have a bright future. Our experienced and professional faculty conducts interesting and fun-learning activities to help your kids learn all Maths related topics easily. We keep you up to date so that you are familiar with your kids' performance. You can get instant feedback and replies to queries. We give personalized focus to your kids and analyze their strengths and weaknesses to ensure your kids excel in academics and in the future.
With us, your kids can learn from all complex topics, like 1 billion in rupees to the easy ones, and develop an interest in the subject. Contact us now and book a free of cost demo session with us immediately.