If we use the Indian place value system, one billion rupees equals 100 crores and is expressed as 1,00,00,00,000 rupees. Billion is a unit of measurement used in the International Place Value System, and it is represented as 1,000,000,000. As a result, one billion rupees equals 1,000,000,000 rupees.
What is 1 Billion in Rupees?
We must convert 1 billion into values according to the Indian Place Value Chart in order to represent 1 billion in rupees. According to the International Place Value Chart and the Indian Place Value Chart, there are two methods to indicate a number’s place value. The positioning of commas and the manner in which place values are conveyed in words varies between these two systems. As a result, we need first write the value of one billion as 1000000000, and then use the Indian Position Value Chart to place the commas to determine that one billion equals 1,00,00,00,000 Rupees.
Conversion of Billion to Rupees
There are several methods to convert a billion to Rupees, but the simplest one is to say that one billion equals 1,000,000,000 Rupees. In addition to billions, lakhs and crores can be converted to Rupees.
Conversion from Billion to Lakh
It is possible to convert 1 billion to lakh by stating billion in lakhs. Because one lakh equals one million, one billion equals ten lakhs. To put it another way, one billion equals ten thousand lakhs. As a result, if we want to translate a value in billions to lakhs, we must multiply it by 10,000.
Example: Convert 5 billion to lakhs.
Solution: Since 1 billion = 10,000 lakhs, therefore, 5 × 10,000 = 50,000 lakhs.
Conversion from Billion to Crore
The conversion from 1 billion to crore is the same as the conversion from billion to lakh, with the exception that the conversion factor is 100 in this case. This is due to the fact that 1 billion equals 100 crores. As a result, if we want to translate a value in billions to crores, we must multiply it by 100.
Example: Convert 3 billion to crores.
Solution: Since 1 billion = 100 crores, therefore, 3 billion = 3 × 100 = 300 crores.
1 Billion USD in INR
In order to convert 1 billion USD into INR, we must first convert 1 billion USD into Indian Rupees (INR). This is done using the current dollar-to-INR exchange rate, which fluctuates according to market conditions. For example, if the current value of one dollar is 76 INR on a certain day, we simply multiply that by 100 crores since we know that one billion equals one hundred crores.
Example: If the current value of 1 USD = 80 INR, what is the value of 1 Billion USD in INR?
Solution: We shall multiply the value of one dollar by 100 crores since we know that one billion equals one hundred crores. This indicates that 1 billion dollars equal Rs. 8000 crores.